NanoViricides Inc. (NNVC)

[lowtrade]

And why would you be concerned about the one guess in my old post. When there is so much other documented info there about the insider games? What does that have to do with the fact the company insiders are shifting money around between each other and the founder is selling the hell out of the company? Actually you can thank the COB, Pres and founder Anil R. Diwan for selling 10% or more of the average daily volume for the price decline. To get back the money spent for a new plant. Why didn't he just sell common to Seaside out right. Instead of offering a shelf funding deal for preferred. Could it be preferred comes 1st in a bankrupsy and is a much safer investment and they didn't want common. TheraCour which hold 33 mil and Anil R. Diwan control the company.

Dr. Anil R. Diwan, Ph.D., has been Chairman of the Board and President of Nanoviricide, Inc. since June 1, 2005. Dr. Diwan has been the Chief Executive Officer of All Excel, Inc. since 1995 and TheraCour Pharma, Inc. since 2004. He is the original inventor of the technologies licensed to NanoViricides Inc., as well as the TheraCour polymeric micelle technologies and products based on them. Since 1992, he has researched and developed TheraCour nanomaterials. Dr. Diwan has extensive product development experience while raising financing from collaborations, SBIR grants, other revenues. He has extensive experience in a number of bio-pharmaceutical, biosciences, and biomedical fields and technologies that leads to his novel, integrative approach in solving problems with low costs, high innovation, and world-leading feature sets. Dr. Diwan is the inventor, developer, and principal investor of TheraCour technologies. The nanomaterials based on these technologies form the basis of nanoviricides drugs.

At any rate not sure why you came to my board and called me out about this stock. The info is old and research was for finding the driving forces behind the company. Any time I see a VC dumping 2 $5 million funding deals into a company with a falling price, I feel they are an arm of that company. Thats why I speculated the shell thing.

I'd be more concerned about the company not up listing when they were above a buck or the owners selling, then some old post guess about a new funding partner.

PS, Diwan stopped selling Oct 17,right when the small comeback happened. Wonder who's selling it now? TheraCor's 33 mil or this Eugene Seymour, who holds 6 mil and sold 2.5 mil Nov 2010?

The thing is these few big money players are behind the company and if their letting the price dive, there is a reason. Damn sure they have enough cash to buy the price back with only 250k avereage daily volume if they wanted.


Good luck with NNVC