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Replies to post #64500 on NanoViricides Inc. (NNVC)

Replies to #64500 on NanoViricides Inc. (NNVC)
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WorstLuck

12/26/12 11:35 AM

#64503 RE: noretreat #64500

...a deliberate slowdown made possible by a relatively flush cash position.



The EFFECT filing went through so there is plenty of shelf to draw from.

I think the technology is still intriguing. I think the management is scary.
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JG36

12/27/12 3:01 PM

#64521 RE: noretreat #64500

I see NNVC's actions as more likely a deliberately slowing down due to a precarious cash position. If they had tons of money in the bank there'd be no reason not to go full steam ahead on the manufacturing facility and the toxicity testing, and they could continue with their side projects on other diseases at the same time.