Replies to post #28457 on NanoViricides Inc (NNVC)

[Ubertino]

Addendum:
Here's a wild and crazy thought. You know when a business goes out looking for money - the financiers ask - how much are YOU putting up. Well, we're putting up $40 million. And they are being asked for what? $40 million, too? Or more - $100 million??? Far fetched? Probably, but......think about it.

[BonelessCat]

I don't think it's $40 million all at once. I think it is $40 million so they don't have to file again should they need more in a year, two or three.

Seems to me, it's more like $10 million and that would be to take the drug into and possibly through Phase 1 testing.