Replies to post #24107 on NanoViricides Inc. (NNVC)

[kulnor]

As far as I know all of those involved in the previous private placement round were invited to participate in this one. Looks like there was no need to go outside the boundaries of trusted shareholders.
*K

[BonelessCat]

>>"Lets see what the terms are and see how they short against the private placement and how the market treats this news"

Yes. Let's wait for details. Of course, based on all previous private placements we already know how the deal worked. It was at a discount to July and August prices which means the increase to the o/s will be less that 8 million shares for more than $4 million.

* That money means that testing on 4 drug pipelines can run uninterrupted.

* It means when combined with Diwan's $1 million the company will have a lab and supplies to run testing through the end of Phase 1 trials.

* It means the company ISN"T dependent on closing a deal with the current MTA pharma at any price.

*It means the company is free to close the strongest licensing deal possible once the IND is filed.

* It leaves them in the best position possible to work with whoever comes along with an offer once Phase 1 studies have begun.

* It's even enough money to finish developing the veterinary use.

[Blither]

Ovidius,

Maybe it is better for you to just sell your shares and leave us all alone to die a peaceful death. We obviously have no idea what we are all doing, and you are here simply to make small margins on selling short and generally being a hater. Im sure you can find another Board of a penny stock and mess with them for a while to take your scraps on $0.03 movements up and down.

If NNVC turns into a winner in the next 12-24 months, we will let you know.

"dont hate the playa, hate the drug"