Nothing wild and crazy, you are spot on.
We have effectively created a new source of capital that can be used frugally and for many things. Ranging from buying lab equipment to going it alone with say, Rabicide.
Once the shares are put on the shelf by SEC, NNVC will have the key (and leverage of) to a $40M dollar war chest.
In my opinion, this was a very. very shrewd move, especially in light of upcoming test results.
Do you think they would have done this without an inkling of where we are going? More like: "Holy Crap!, Ok...., let's get those shares filed so they are ready to go when THIS news breaks."
JMPOV
Main Entry: fru·gal
Pronunciation: \'frü-g?l\
Function: adjective
Etymology: Middle French or Latin; Middle French, from Latin frugalis virtuous, frugal, from frug-, frux fruit, value; akin to Latin frui to enjoy
Date: 1590
: characterized by or reflecting economy in the use of resources
synonyms see sparing
— fru·gal·i·ty \frü-'ga-l?-te\ noun
— fru·gal·ly \'frü-g?-le\ adverb
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