Replies to post #127897 on NanoViricides Inc (NNVC)

[drkazmd65]

Good summary of the most relevant points there KMBJN - it was an interesting and generally informative meeting.

Didn't hear everything I was hoping to hear - but heard a lot of good things.

[loanranger]

"and Diwan saying essentially that NNVC can't afford to buy me out right now!"
Wow. It's probably worth listening to just for that.


Does a great job of highlighting one of the more notable elements of "the shareholder insisted it was a "messy" situation that she'd like to see fixed". Kind of sounds like only one shareholder's vote counts....and he plays for both teams. Messy indeed. And it's absolutely true that it comes with the territory.

[arvitar]

NNVC is beyond VC stage.

LOL. VCs have funded, and continue to fund, pharmas all the way through Phase-IIB. Many IPO's of companies with drugs in Phase-III are funded by VC's

It's more accurate to say, there's not a snowball's chance in hell any VC fund would consider putting money into a company with management that has failed to move the ball after 12 years and $70M spent. It doesn't matter what the excuses are. There are too many other companies to invest in with management who has accomplished far more with far less.

VC's often invest primarily in management. i.e. The management team must have some track record of previous success in the area in which the company does business.

Then there's the shareholder structure and relationship with Theracour that would be immediate deal-killers. Any VC would demand a complete restructuring of all of that, which probably wouldn't appeal to Seymour and Diwan.

[arvitar]

Diwan says he's a survivor,

Wow, that should put investors' minds at ease! LOL!!!

Diwan was a poorly published engineer and floundering unfundable dolt until Seymour fell into his lap with a scheme for raising tens of millions from the public with a fairytale.

Good luck on pulling that off ever again.

[arvitar]

Diwan saying essentially that NNVC can't afford to buy me out right now!

Diwan's pathological arrogance is a trait shared by many con men.

After all, the Nobel Prize committee should be knocking on his door any second now to praise him for having cured the near totality of all life-threatening viral infections.

A couple of meeting abstracts from 8 years ago combined with Seymour's insistence is the gold-standard of proof for the scientific community!

[arvitar]

Yes, it is available to the public now, and not just to shareholders (like me).

Maybe Seymour can manage to take the next step, and put out a PR announcing its presence so that the vast majority shareholders and investing public who don't read this stock message board learns of its existence.

There a reason why Reg FD stipulates this: "investors must be notified about which social media will be used to disseminate information."

One teeny-tiny baby-step at a time.

[Rawnoc]

Wow, some nice material news at the meeting that wasn't revealed to the investing public the entire trading day on Monday.