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Re: JG36 post# 65521

Thursday, 02/14/2013 3:59:11 PM

Thursday, February 14, 2013 3:59:11 PM

Post# of 146240
The light industrial building at 1 Controls Drive, Shelton CT was purchased by Inno-Haven, LLC. Inno-Haven is a private company that was founded by Dr. Anil R. Diwan, the Company’s CEO, and financed by himself and certain of his friends and associates, with the specific purpose of enabling clinical cGMP manufacturing capabilities for NanoViricides, Inc. drug substances. Acquisition of this 18,000 sqft building on 4.2 acres of land was previously announced by NanoViricides, Inc. in September, 2011. Renovation of the building is to be performed as per the requirements of NanoViricides, Inc. for the production of the nanoviricides drug candidates for clinical trials under cGMP processes. The drug substance produced in this facility will then be delivered to a third party for final processing and labeling, as required, for human clinical trials when ready. NanoViricides, Inc. expects to lease this facility. No lease has been signed yet and no terms of lease have been finalized as of now.

Purchased in Sept '11
Architectural firm hired Jan '13.
Plans delivered to contractor?
In Feb, contractor says completion date is October.

So we should believe that within 3-4 weeks the plans were completed and delivered to the contractor and he was able to review and put an accurate completion date together, and construction will take no longer than 8 months?

Really?
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