NanoViricides Inc. (NNVC): There is usually at least a couple of re...

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Re: FORZANANO post# 73552

Monday, 09/23/2013 2:06:59 PM

Monday, September 23, 2013 2:06:59 PM

There is usually at least a couple of reasons a company does a reverse split. We have seen one of them with the up-listing. The other is to prepare the company for sale. The 50 million shares is incredibly small for the NYSE, but it serves to give a very nice round figure for potential buyers. It also validates the company's owners with the amounts of shares owned by each, like a wrapped Christmas present.

Therefore, it would not surprise me that we soon experience a couple of large pharmas bidding on this relative small but groundbreaking biotech; possibly before the "Tox"?

JMHO
Jimbo8

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Recent NNVC News

Form 8-K - Current report • Edgar (US Regulatory) • 08/09/2024 08:30:39 PM
Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 08/09/2024 08:05:25 PM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • InvestorsHub NewsWire • 05/02/2024 02:07:42 PM
Form 8-K - Current report • Edgar (US Regulatory) • 02/16/2024 09:53:32 PM
Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 02/14/2024 09:55:35 PM
Form 8-K - Current report • Edgar (US Regulatory) • 01/19/2024 09:44:48 PM
Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 12/04/2023 09:08:49 PM
Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 10/13/2023 08:30:41 PM
Form NT 10-K - Notification of inability to timely file Form 10-K 405, 10-K, 10-KSB 405, 10-KSB, 10-KT, or 10-KT405 • Edgar (US Regulatory) • 09/28/2023 08:44:54 PM
Form 8-K - Current report • Edgar (US Regulatory) • 09/01/2023 08:46:45 PM

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