NanoViricides Inc. (NNVC)

[MikeyTrades]

Again, to reiterate I am long and not trading this stock. However, I have to say that reading the below gave me some pause.

Although Midtown Partners were the agent of the deal and not the investor (although they might have gotten some stock in the deal, not sure), they seem to be on the "less than transparent" side of things according to these guys.

http://sharesleuth.com/investigations/2010/03/30/the_connections_between_vicis/

http://sharesleuth.com/investigations/2010/01/05/federal_authorities_are_invest/

Bunny, not to get too conspiratorial here but what if they invested $5 million to make $10/20/40 million some other way (pump and dump, side deals with other hedge funds or something else)? I am by no means saying that is the case, I just think it is very odd for NNVC to be involved with Midtown in anyway if the links above truly represent how Midtown does business.

In the end, the price action will tell us all we need to know (which, by the way, was pretty good today) so that is reassuring but I am still scratching my head about the involvement of Midtown, even if they were only the agent.

- Mikey