NanoViricides Inc. (NNVC)

[seeker_of_value]

We all have to decide when to move on. I personally bought into this stock based on Seymour's talk about how much he believed in the technology. Recently I am coming to the conclusion that he may very well be just talking to lure in more investors. In fact his belief in the technology may not be strong. I am saying this because he has refused to support the stock when it went down so hard. Not only that they decided to another deal with Seaside when the stock price was too low knowing full well the result of that deal.

Another problem I see is that they keep calling Seaside deals an investment knowing full well that it is not. Seaside deal has a specific clause saying that there can be no restrictions of selling by Seaside. So calling Seaside deal an investment is a white lie.

Some more of this and I will have to move on. Fortunately, I can take some losses since I have large gains in Neoprobe. I would have been a large investor in this company but looks like I cannot have faith in the management. I am still here watching, but not for too long. I am sure there are many investors like me. No wonder the stock price is where it is.

If one cannot have faith in management, one should not invest. After all if they are not putting their personal money in the stock even at such ridiculously low prices then there must be a reason. There is very little published about this technology. Who knows it may all be a hoax.

Seeker