SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : NNVC - NanoViricides, Inc. -- Ignore unavailable to you. Want to Upgrade?


To: RoadyHD who wrote (12526)12/11/2019 8:30:05 PM
From: HardToFind  Respond to of 12873
 
Anyway, great medical potential, lousy finances in a tight biotech capital market, and a lop-sided affiliate relationship that makes everyone leery of NNVC's actual economic value.
Yes, that lop-sided affiliate relationship is the real buzzkill in my opinion. It is the primary reason for the difficulty in raising funds. It is not only a bad deal for investors, but is a reminder of the moral bankruptcy of management. Given the recent licensing deal, there are no indications that current management (or the board) sees the problem this way, or that it might change in the future.

The common stock in the company is toxic waste at this point.