NanoViricides Inc. (NNVC)

[seeker_of_value]

I suspect Seaside may be crying. The stock trading volume is so pathetic that Seaside has no way to sell stock into the market. I think they just wanted to pocket the 15% and sell the stock. However, right now there is no way they can do that. If they sell the number of shares they have bought the stock would just tank.

This situation is very similar to China and US$. China owns such a huge quantity of dollars (more than half a trillion). Now if they actually try to get rid of the dollars and convert it into yuan, the value of dollar would sink and yuan would appreciate. That is exactly apposite of what China wants to happen since the sinking dollar would reduce the value of China's US$ holding.

If Seaside sells into this market and value of NNVC stock goes down, their own stock has lost value. We are also in the same boat as Seaside now. Who knows how this will turn out. If Saeside is unable to sell for say several months, they would be very unhappy.

Seeker