NanoViricides Inc. (NNVC)

[bioinvestor10]

Let me help everyone out

1. The financing is nowhere near being done yet, nor have any parameters likely been set on pricing at all.

2. NNVC does not need that much money in terms of a raise of capital right now, just enough to meet AMEX listing equity requirements. The cash burn is only about 250k a month. Raising say 5 million will qualify them and you could sell only a few million shares to do that... i doubt they would go to market now to raise a huge amount. Worrying about dilution is nonsense here.

3. Just because a quiet period ends, doesn't mean you release news. It just means you can if you wish. Also, during a quiet period if you have any "material" news, you are not prohibited from releasing it. I dont think they cured Aids last week.

4. Releasing news that pushes up the share price does NOT HELP the company raise capital with the right group of investors, it causes problems actually. It is better to work on promotion after you close a placement with the right people.

5. AMEX listing will take likely a few months yet, it doesnt happen overnight and they have not met the requirements yet.

just keepin in real