NanoViricides Inc. (NNVC)

[seeker_of_value]

I sure hope that in three months we are done with Seaside. However, we cannot assume that Seaside contract will not be renewed. NNVC has continuing expenses and no revenue. So we need a source of income. Seaside has been that source for 2 years now. While PR says that we have more than 2 years of cash, there is great danger in running out of cash. So one way to preserve long term viability of the company has been to raise cash on a continuing basis.

Our suggestion was to let the stock price stabilize above $1 and then only renew the contract with Seaside. NNVC may do that or they may continue to renew Seaside contract without gaps. Let us see which way they decide.

The other way to raise cash would be to partner with a big company. As others have pointed out that has downside also. Our technology is wonderful, why share the fruits with somebody else? So NNVC management has to make hard decision - continue stock price erosion with Seaside contracts or share fruits with a partner. Let us support them whichever way they decide. They have the best knowledge, we do not.

My only gripe was when the stock went to 50 cents and we did not see some insider buying. On the rest of the issues NNVC management has my full support.

Seeker