Replies to post #55643 on NanoViricides Inc. (NNVC)

[WorstLuck]

SCH 13-G

An annual filing which must be filed by all reporting persons (primarily institutions) meeting the 5 percent equity ownership rule within 45 days after the end of each calendar year.

Looks pretty hard to avoid reporting holdings of greater than or equal to 5%.

[Echo20]

noretreat

You could call them and ask.

Dr Seymour seems to think they are in for the long duration investment into NNVC.

He has talked to them and knows what has been stated.

What if they are just like LONGS and want NNVC to grow and grow?

Echo20

[Ovidius]

IMO, it is naive to think that Seaside did not sell after each investment. Dr Seymour, IMO, only cares about getting the cash. Plus they could sell their shares to get back their investment and still be holding the rest which would qualify for 'still invested'

What hedgefund/boiler room outfit would but in $5M at $2.00 a share, $5M at $1.3 (?) and now at $.98. It is not how they do business, in fact they would be out of business if that was the case. Only us shareholder keep throwing good money after bad and rationalize the reasons.

I'm sure they will start selling their shares to get back the latest $5M as soon as they have them. They do not care about the share price, they have a no loss investment. Selling this next 5M investment will bring the price down into the .6 or below if NNVC has no significant updates coming before the end of the year. I sold most of my shares at a little over break even because I think they will be much cheaper soon. I don't short anything below $1.00, just in case anyone wondered.

Plus, lookout for tax selling at these prices.