Replies to post #134443 on NanoViricides Inc. (NNVC)

[arvitar]

What's the big deal with the next report from doctor muppet?

Beats me. NNVC will still be spending close to $1M/month, and they'd still not have enough cash in the bank to make it through 2018.

And who's paying this person anyway?

I'd assume NNVC shareholders, but who knows. I'd be more interested to know exactly "how much" is being paid, for work that Seymour is presumably relying on to make the most important decision in NNVC's history.

SUNY charges almost 60% indirect costs on sponsored research projects, meaning that for each dollar Seymour pays Moffat, only 40% gets applied towards the actual research project.

It would take a couple hundred $K just to support a very minor part time effort. Anything much less than $Million would represent an insignificant carrot to dangle in front of investors rather than a serious intent to screen candidates. NNVC donates that much every month to Diwan, so it would be interesting if they were being "frugal" with Moffat.