NanoViricides Inc. (NNVC)

[philsdaddy]

I'm glad the share price is going up, but I don't see anything in the 10Q to get excited about. Several references to having to do more testing prior to filing the IND, and no mention of a timeline for the preIND contact with the FDA. They state an additional 18 months needed for testing prior to an IND, and they didn't list any subsequent material events to be mentioned other than the recent fundraising. It does appear that Flucide will be their lead FDA candidate. It is puzzling to me that there is no mention of recent Eva Harris Dengue testing, or much of anything else in 2011, for that matter, other than the mouse studies done on the Flucide candidates. Right now this report just reads to me to be more of the same, without shedding much light on actual new activities and developments. If anyone else reads this differently, please let me know. Therefore, based on the 10Q, I cannot fathom why the share price has risen in recent days. I hope it continues to rise, I just can't figure out why it is doing so.
Lee