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WorstLuck

03/07/11 9:12 AM

#47073 RE: daBoze #47072

Aren't we just finishing up the last dilution? I think Seaside88 is in the process of the last full two week allotment and just a cleanup allotment to follow. If someone else is keeping better track please chime in with the correct numbers.

Dilution is indeed part of the game and hopefully all are prepared for it. It would be nice to get a pop to a higher level before the next dilution though. 10-15 million $$$ is not bad at all around 1.50 and would go a long way towards speeding things up and ultimately getting share price up on the way to getting the drugs out.
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Ligander

03/07/11 12:21 PM

#47085 RE: daBoze #47072

Unfortunately, NNVC offers both dilution and delay. Float has more than quadrupled, from 20 million to 89 million. With more coming - SeaSide isn't done.

I find it surprising that anyone observes a company (with no revenues) always filing its quarterly reports late, then thinks NNVC will suddenly turn on a dime with its research efforts.

If they can't do the easy things right, don't expect much.

The promises have gone downhill, from "filing an IND soon" to "having a pre-IND meeting soon" to "requesting a pre-IND meeting soon" to I don't know... Post-It notes on the fridge, I guess. Pick up bread, milk, call FDA.

Continued stock dilution and delays as far as the eye can see. IND filing eventually scheduled for 2028... to be pushed back when we get to 2027.

How many more delays are acceptable?