Replies to post #140837 on NanoViricides Inc. (NNVC)

[arvitar]

You have a unusual view of "fair value", and perhaps an inflated perception of the value of commercial real estate in Shelton CT.

It's quite possible NNVC only has $2-$3M left in their bank account. This would be true if they've continued to spend their available cash at a rate of $1M/month.

The only assets of relevance to company valuation are some licenses to old IP that would expire long before anyone could get anything through IND approval for market even if the technology worked. That puts a value of about $0 on those assets.

It's hard to argue for a fair value of much beyond the value of the shell that will be left in a few months. Maybe a few hundred $K.

At a market cap of $22M, NNVC is currently trading at about 100X its "fair value".