NNVC - NanoViricides, Inc. Message Board

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Biotech / Medical : NNVC - NanoViricides, Inc.

NNVC 1.850

-2.6%

Nov 7 9:30 AM EST

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To: Straynut who wrote (12681)	3/25/2020 8:23:04 AM
From: hpgrant	Read Replies (1) of 12871

150,000,000 new shares registered This doesn't mean they are being sold. In the SEC filing, this is found:Quote:Pursuant to General Instruction I.B.6 of Form S-3, in no event will we sell securities in a public primary offering with a value exceeding more than one-third of our “Public Float” (the market value of our common stock held by our non-affiliates) in any 12-months period so long as our Public Float remains below $75,000,000. We have not sold any of our common stock or securities convertible into common stock during the 12 calendar months prior to and including the date of this prospectus pursuant to Instruction I.B.6.I continue to think there is substance to the science, and continue to NOT recommend the stock.

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