Replies to post #140845 on NanoViricides Inc. (NNVC)

[loanranger]

"I you look at their recent quarterly statements NNVC should have about $6 million in cash now."

I though that I had posted about this but I don't see it anywhere....
The "fact sheet" dated 9/5 said this:
"As of June 30, 2018, the Company had approximately $7.3 million in cash and equivalents, which is expected to be sufficient to fund tox package study of our first drug candidate."

Two comments:
It's obvious to me that they couldn't possibly have $6M in cash now.
That 6/30 Cash balance is plainly a product of the financial statements that the Company has yet to file. I'm not sure how proper it is to include it in a "fact sheet" during a period when the Company has otherwise failed to file its required current information.