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Biotech / Medical : NNVC - NanoViricides, Inc.
NNVC 1.720+3.6%9:30 AM EST

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To: RoadyHD who wrote (12774)5/23/2020 4:36:51 PM
From: HardToFind  Read Replies (1) of 12871
 
The disclosure that the IND is being delayed due to the pandemic was not [good].
I presume the IND was delayed by the company, and not the FDA. It could have been a lot of things:
  • delays to 3rd-party tox testing
  • a simple lack of enough money, time and attention to do both VZV and Covid-19 right now
  • general inability to execute
Anyway, I have friends still in the stock. I would like the stock to go up, despite the fact that I took a loss and got out around $12. (I would also like Diwan to become an honest businessman who is as concerned for his shareholders success as he is for his own...but I don't hold out much hope of that.)

Seeing that you are aware of the company's history, and realize that you should see something in three months if things are going well, that might make this what Soros would call "the best kind of speculation" for you.

If you haven't read the publicly available documents on the company's lawsuit with Yidam, Ltd., I would suggest that it is worth your time finding and reading them.

Good luck!
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