Replies to post #130855 on NanoViricides Inc (NNVC)

[arvitar]

I think the 10-K is inconsistent on this point. As you point point, on p.86 they say this:

"EMPLOYEES AND SERVICE PROVIDERS



The Company had seven full time employees. In addition, most of the business activities of the Company including accounting and legal work and business development are provided by subcontractors and consultants. Further, the Company has subcontracted nanomaterials research and development (“R&D”) to TheraCour under the license agreement with TheraCour. TheraCour currently has a staff of about twenty-five, most of who are scientists with PhD or advanced degrees and experience. "

Yet on p. 26, it says this:

"As of the date of this filing, we have approximately thirty employees and several consultants and independent contractors. "

https://www.sec.gov/Archives/edgar/data/1379006/000114420416124276/v447590_10k.htm


Those internet "stock screening" sites probably rely on automated data mining to search for and extract key phrases in SEC filings. I doubt humans review all that crap for correctness.