SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : NNVC - NanoViricides, Inc.
NNVC 1.190+5.3%Jan 13 3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: mattstat who wrote (10179)5/7/2018 1:58:26 PM
From: HardToFind  Read Replies (1) of 12873
 
Seymour is never going to make any money on those $2 options.
I think you're right. It seems they've dug themselves into a rather deep hole, and it would not be surprising if plenty of dirt comes down on them as the attempt to extract themselves.

But who knows...maybe they'll surprise us. Although their working capital & time is running short to do that.

The $10,000 for expenses sure sounds like legal expenses for a parting of ways. (What other expenses does one have when leaving a job?) It is interesting that besides the extra year of salary, he's getting "incentive" options (of questionable value) vesting for the next three years...even though he's no longer working for NNVC. Curious...

My earlier post saying that Seymour just decided it was time to retire to make room for a businessperson with the requisite skills now appears not to be the real story.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News