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Biotech / Medical : NNVC - NanoViricides, Inc.
NNVC 1.210-2.4%1:20 PM EST

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To: HardToFind who wrote (12509)12/6/2019 1:58:38 PM
From: KMBJN.  Read Replies (1) of 12873
 
Yes, justice (and truth) is (are) elusive.

Interesting comments on "self-dealing" and fiduciary duty, as relates to Trump's impeachment in this article, but applies also to Diwan's self-dealing / enrichment and breach of fiduciary duty:

theepochtimes.com

Impeach Diwan for high crimes and breach of fiduciary duty!?

Maybe "karma" will come into play some day? "Daddy, why are all those people so upset at you?"

In an ideal world, nanoviricides would work, shareholders who took on the risk would benefit, Diwan would benefit from his invention, and the extra benefit from self-dealing by Diwan would be forfeited. Or alternatively, nanoviricides don't work, and Diwan and shareholders equally lose everything they invested in the endeavor to find that out. Or maybe your definition would be Diwan ends up in jail, and NNVC and non-Diwan / Seymour / Ehrlich investors benefit from NNVC's success in his absence.

The main thing you want is Diwan not getting special treatment, and him being on the same footing as investors, with management and shareholder interests aligned. To some extent this is true, but not enough since Theracour/Diwan gets seemingly preferential terms over NNVC shareholders. In that sense, maybe PumpTerminator was right to warn about Diwan "stealing all the value" away from NNVC shareholders!
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