NanoViricides Inc. (NNVC)

[BioMedInvestor]

I agree 100%. There would be way too much risk in waiting for the stock price to go up, besides as investors we would always say "wait for the stock to go up a little more before you raise the money". There's never a good time.

By raising the $40 million now the company will be in a much stronger position. As a long time investor does it really matter in the short term if the stock takes a short term hit? Any dilution will be inconsequential as the company grows up.