Replies to post #125232 on NanoViricides Inc. (NNVC)

[arvitar]

That is factually incorrect on all accounts.

First, there has never been one single biotech in all of human history, who first failed to get a single IND approved candidate after 11 years and $65M spent, and then finally did so.

Hence at this point in time, all one can say is it's not a matter of "if", but "when" NNVC shuts its doors.


Second, I did not write this statement in the 10K saying they are running out of cash in 20 months from now. That is not "my claim". That is a claim by Seymour.

" The Company estimates that it has sufficient cash to support current operations through the next two years, i.e. through June, 2018." p. 21 http://ih.advfn.com/p.php?pid=nmona&article=72455572

[Its_lose_not_loose]

Saying they are going to go bankrupt in 2 years or 20 months, whatever you are claming [sic], could have been said every year for the last 11

But this wasn't claimed by NNVC until the recent 10k. Why would anybody make that claim if the company was truthfully stating they had plenty of funds and that BK wasn't a concern? In fact, Seymour said they had enough money to get them through Phase IIa.