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Biotech / Medical : NNVC - NanoViricides, Inc. -- Ignore unavailable to you. Want to Upgrade?

To: AnotherVoice who wrote (3322)	12/11/2014 12:44:44 PM
From: HardToFind	Read Replies (2) \| Respond to of 12873

I tend to think the investment community generally believes most of summary reports (and doesn't necessarily feel they need access to the full reports). Full reports are written for scientists and regulatory folks, and are more difficult to read than most legal documents and SEC reports. Summaries are written with a little more appeal to the masses. Management can get into legal trouble for stretching the truth in the summaries, but they are allowed to emphasize the results that look most appealing so you have to read the wording carefully. Management must include a fair and accurate representation of the results. If the implications of the study results are bad, that has to come out or they expose themselves to substantial legal repercussions. The essential information ends up in 10-Q and 10-K reports as well. As Magnus1 says: "I do think the Doc could do the company a great service by having someone create and MAINTAIN a comprehensive (not overly detailed) time line to date complete with links...along with a quarters worth of forward looking expectations (hedged based on what NNVC can control) Something an ordinary person could read and understand in a couple of minutes." IMO, the actionable keys to bringing the stock price up to fair value are: 1. Consistently communicating a credible path to profitability with milestones and time lines (proof of concept, a credible management team with a record of success in similar ventures, etc.), and then meeting those time lines with regularity (or having a history of doing so), 2. Having clearly enough money to get you to the next significant, value-adding milestone moving toward profitability (at which point you can easily raise money at a higher stock price, assuming you are not yet generating cash), and 3. Making it clear that the common shareholders will fully participate in that upside, and not just get screwed by management through special shares or control that allows them to give themselves the lion's share of the profits. What you cannot do is control how your industry sector is valued. It's like owning a great house in a bad neighborhood. That house is going to be undervalued...but that's not our problem today.