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Ligander

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Ligander

Re: NNVClover post# 49729

Wednesday, 04/20/2011 1:45:27 AM

Wednesday, April 20, 2011 1:45:27 AM

Post# of 146246
The float when NNVC went public was 20 million shares. It is now over 93 million shares, not counting the 2.5 million shares they announced today.

A 465 percent increase, to me, is a lot.

And you are wrong when you say there hasn't been much capital raised - it's just that NNVC is transferring all the capital to Diwan's other company, TheraCour. Diwan has paid himself - oops, the fancy way is to say "NNVC has paid TheraCour" - over $4 million so far, according to the SEC filings.

What does TheraCour do for that money? It's for vague "development costs". Never really spelled out.



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