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

To: BoredMember who wrote (11892)	2/7/2019 7:59:44 PM
From: Another_Just_me	Respond to of 12873

Boniuk, Meyers, and a few more.

To: BoredMember who wrote (11892)	2/7/2019 9:14:45 PM
From: Colavita365	Read Replies (1) \| Respond to of 12873

It is likely the CEO just quit in disgust because he saw through all the lies and deception, procrastination, all the past mismanagement and the atrociously extreme conflicts of interests with Theracour and Anil. Short of canceling the terms of previous onerous Theracour agreements altogether, there is no real way for any CEO of NNVC to call the shots rather than Theracour (Anil) calling them entirely. Then being snubbed by being denied a Board seat by Diwan's vote, and dealing with a Board that appears to just give in to Diwan each and every time rather than safeguard shareholders' interests, he probably saw no path forward for himself as CEO to advance NNVC's programs as he saw fit, or see to NNVC's interests rather than those of Theracour's. Anil's total power grab aided by the "yes, anything you want, Anil" actions of the "independent" Board, and Milton Boniuk's voting against him didn't help him either. His legs were cut off from under him before he even began to march. So in the end Traporewela probably didn't want to remain entrenched, just to become merely Anil's convenient powerless toady scapegoat fall guy to be blamed for NNVC's ultimate and inevitable failure or demise. The handwriting is now on the wall for NNVC, and it looks like a bad untidy, scrambled scrawl. Anil and the Board he has wrapped around his finger now control its destiny. Hopefully they will make something work out of the entirely chaotic,conflicted mess. Close to $90 million of stockholder money spent to date, to massage and appease and give in to a single ego's demands. Wow!