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


To: cacmed who wrote (10401)6/7/2018 6:21:27 AM
From: old 'n cranky  Read Replies (1) | Respond to of 12871
 
Apparently the settlement of the BIND bankruptcy resulted in the creation of a fund from which a distribution was to be made to shareholders (as a result a fund created by the acquisition of BIND assets by Pfizer).
It was originally described in this BIND 10-Q:
sec.gov

As these things go there were a number of changes in the above description and you can probably find the final terms if you try REALLY HARD. As indicated in the heading of the above you are probably seeing references to "DNIB UNWIND, INC." which is "(f/k/a BIND THERAPEUTICS, INC.)" on your checks.

I think you'll find that a common shareholder who gets 20% of their investment back in a bankruptcy is pretty lucky.



To: cacmed who wrote (10401)6/7/2018 9:00:43 AM
From: donpat  Read Replies (1) | Respond to of 12871
 
I suppose anything is possible....but messy.

I suggest that big phsarma such as Glaxo do a deal with all us shareholders.

As to the IP, leave that with Anil, it's his baby, but I suggest that will be a deal breaker with any intelligent buyer.

IP is key!! Always was, always will be.

If we get screwed it will be because of the IP screw up.

PS; I wonder what Carolyn Myers will suggest in re IP - Theracour and NNVC's part therein. Hope it's sweet, simple and not MESSY like at the moment. Diwan, I suggest, has to decide where his heart lies and go for it with both smoking barrels and not try to avoid all dangers like he is prone to now.



To: cacmed who wrote (10401)6/7/2018 1:26:08 PM
From: mattstat  Read Replies (1) | Respond to of 12871
 
I've always considered this is a possibility and that's why I don't trust Diwan.

The risk for NNVC is huge! This whole TheraCour thing is really problematic - from a perception and reality angle.