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


To: Another_Voice_2 who wrote (11447)12/13/2018 5:31:41 PM
From: BoredMember  Respond to of 12873
 



To: Another_Voice_2 who wrote (11447)12/13/2018 6:29:34 PM
From: old 'n cranky  Read Replies (1) | Respond to of 12873
 
Someone is being liberal with their facts.
In very explicate, only suitable for a guys locker room words, and truthful (IMHO) from his heart he expressed that he has never old one share.
On June 30, 2018 he held 1,033,813 shares per the 10-K as of that date.
sec.gov

His Form 4's can be seen here:
sec.gov

On March 6, 2013 he filed a Form 4 indicating that he held 6,025,000 shares which would have turned into 1,721,429 shares after the 1:3.5 split.

In his next Form 4 (filed September 24, 2015) he recorded the exercise of some options into an additional 104,384 shares after tax shares were withheld after which he reported holding 1,248,814 shares.
So based on his own filings he SHOULD HAVE had 1,825,813 (1,721,429 + 104,384) shares on September 24 of 2015.




He didn't report ANY transactions between September 24, 2015 and June 30, 2018 yet his holdings were 792,000 shares less than they should have been on the latter date based on his and the Company's filings.


If he didn't sell them, where'd they go?



To: Another_Voice_2 who wrote (11447)12/14/2018 2:44:01 AM
From: HardToFind  Read Replies (1) | Respond to of 12873
 
[Seymour] has never old one share
With the occasional exception of cashless option exercises, and maybe a few more shares immediately sold when acquired through options exercises. Taxes make selling hard not to do...if you exercise ITM options.

Anyway, otherwise I'd tend to believe his sentiment and intentions not to sell.



To: Another_Voice_2 who wrote (11447)12/15/2018 11:20:24 AM
From: HardToFind  Read Replies (1) | Respond to of 12873
 
This is a buying opportunity if you have some cash to invest.
Like every other buying opportunity we have daily with this stock, this one is not without substantial risk. Even Dr. Seymour has no particular control of, or demonstrated historical insights into, NNVC's long-term stock price movements in the future. The company is low on operating capital and as a result, will have very little negotiating leverage when it comes to raising new funds. Caveat emptor.