NanoViricides Inc. (NNVC)

[seeker_of_value]

I do not understand warrant extension done today. The filing was posted after hours. It does not seem logical. Why would the company extend time period of warrants. The entire benefit goes to warrant holders, the company loses and the existing shareholders are diluted. It does not seem they got anything in return. Then why extend terms? Do they want to raise money at these and even lower prices? It only makes sense if the terms of the warrant required term extension. I will write to Saymour and ask him. I will post the reply here.

Seeker