Replies to post #142942 on NanoViricides Inc. (NNVC)

[loanranger]

"plus approximately $258,000 of pre-paid expenses in hand."
Prepaid expenses aren't things that one has "in hand". They aren't hard assets.


Regarding the two final paragraphs, what they don't say is that the offering couldn't have been completed if the settlement hadn't been reached and the settlement required the company to GIVE those investors 677,224 shares of Common Stock.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=153517975


Interesting that they provide all the details of the offering proceeds (almost all...they provide GROSS proceeds pre-costs) and none of the details of the Settlement Agreement. Guess they figured they could get away with it because both are subsequent events.