NanoViricides Inc. (NNVC)

[Doctor_Hari_Seldon]

That is because it is really only 6 months as their funding philosophy is to maintain 18 months of funding in the bank to prevent any issues of sudden or near-term insolvancy.

I always take 18 months off the time and assume that if they have 24 months of funding in the bank, that I might expect a new round to obtain about another 6 months to 12 months maximum funding in about 6 months.

That would fall directly within their stated principles and guidance and is a very responsible and conservative logical funding schedule approach. Once again, they are only doing what they say they are doing.

I see it as a plus and indicative of a company trying to manage funding with operations cost while planning for solvency and limiting the size of their requests at the same time. They are indeed being extremely responsible!

Until they start selling the drugs or technology, they will be in this mode as most other development companies are.