NanoViricides Inc. (NNVC)

[jg35]

It is clear that everything hinges upon those magical "phase IIa" trials -- phase II trials that aren't *really* phase II trials (that would cost too much) but will nonetheless show such compelling evidence of efficacy that big pharma comes lining up to invest.

That's a mighty slender reed upon which to hang one's hopes.

In any case, I wouldn't put better than even odds on NNVC actually completing phase IIa trials within two years. After which they will be seriously strapped for cash.