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Biotech / Medical : NNVC Keeping it real board for pro and con discussions
NNVC 2.030+22.3%Nov 3 9:30 AM EST

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To: invest07 who wrote (235)8/6/2015 11:30:22 AM
From: Rawnoc   of 326
 
Menon Has Helped Destroy Substantial Shareholder Value at NNVC

seekingalpha.com

Menon is part of the Leo Ehrlich and Eugene Seymour triad of value destruction that has created substantial shareholder losses at Nanoviricides. Ehrlich and Seymour were previously responsible for the public company wipeout at StatSure Diagnostic Systems, a hyped-up company in the 1990s that ultimately went to zero after stringing investors along for years.

NNVC is subject to a host of obscure related party transactions. These relationships have already been written about extensively, so I won't rehash them. Based on their histories, these are not people you should trust with your capital.

StatSure Diagnostics: Ehrlich and Seymour Wipeout



NanoViricides: Ehrlich, Seymour, and Menon Wipeout in Progress



NNVC has used related party transactions to funnel shareholder capital away from the public shell. It seems that the company is likely only a public shell and little or nothing more. As seen above, there is a high probability that CTIX also fits this description.

NNVC has obscure message board touts that seem to post inside information about the company and/or have direct access to executives. As discussed below, CTIX seems to have pursued offshore boiler rooms.

Etc.
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