RE-UP: Everything Old is New Again: The Continuing Saga of Bioscam Nanoviricides (NNVC)

NOTE: This post has been re-upped because it seems a whole new group of stuck-at-home investors have heard the siren song of this Coronacrapper.

Never one to let an overblown media frenzy over a pandemic scare to go to waste, long-running biocon Nanoviricides (NNVC) is back.

Read the backstory from 2014 on this scam, here, in a great piece by Duff McDonald in the New York Observer. Check out some of our notes here and here, and an amazing expose of NNVC and CTIX/IPIX‘s Krishna Menon here.

Krishna Menon

Can you see it in his eyes?

Almost 6 years later this abomination has returned, capitalizing on a new viral scare and a new crop of naive suckers.

In almost 15 years of existence the company has never even begun human testing of a single drug. Not one.

But they have made extraordinary claims. None of which has ever amounted to anything except stock sales to suckers.

A brief history of this monumental piece of trash.

2005 – The company backs into a shell (Edot.com) and begins trading.

2005 – The company makes outlandish claims about developing a drug for Bird Flu.

NNVC-AvianFlu2005

2006, Nanovirascam didn’t just tackle that Avian flu, they made wild claims about being a LEADING treatment!

NNVC-2006-birdflu

Fresh off defeating avian flu they moved on to Dengue Fever in 2007:

NNVC-Dengue-2007

Oooh, we start 2008 with an Ebola scare, and NNVC is there:

NNVC-2008-ebola

Uh oh, Ebola hype dying down? No new pandemic in the news? No problem, go back to an oldie-but-goodie, AIDS:

NNVC-Aids-2008

A year later, Swine Flu:

NNVC-BirdFlu-2009

After a few quiet years, in 2013 more AIDS!

NNVC-AIDS-2013

In 2014, wow, a coronavirus scare, MERS, appears, and once again NNVC is at the ready:

NNVC-MERS-2014

Did you say moar Ebola plz? In 2015 Nanovirascam had your back:

NNVC-Ebola-2015

The results of all of these “programs” to date? Not a single drug tested in humans, let alone submitted for approval, let alone approved.

Fast forward to 2020:

NNVC-2020-corona

All the company really works on are press releases and selling worthless certs to idiot investors. Why does anyone think this time will be any different?

THE CONTENT CONTAINED IN THIS BLOG REPRESENTS ONLY THE OPINIONS OF THE AUTHOR. THE AUTHOR MAY HOLD EITHER LONG OR SHORT POSITIONS IN SECURITIES OF VARIOUS COMPANIES DISCUSSED IN THE BLOG. THIS COMMENTARY IN NO WAY CONSTITUTES INVESTMENT ADVICE, AND SHOULD NEVER BE RELIED ON IN MAKING AN INVESTMENT DECISION, EVER. THIS BLOG IS NOT A SOLICITATION OF BUSINESS: ALL INQUIRIES WILL BE IGNORED. THE CONTENT HEREIN IS INTENDED SOLELY FOR THE ENTERTAINMENT OF THE READER, AND THE AUTHOR.

 

6 comments

  1. I lost over $50K in this company before I realized the scam. I would like to sue them but the law firms seem to be taking only class action cases for recent events and they want you to have lost over $100K or have “inside’ whistleblower information. Unfortunately, I don’t qualify for either. Does anyone know if legal action is being taken on behalf of any older stockholders? I would be interested in joining.

    1. It is a painful, and expensive, lesson, to realize what shenanigans these companies, and their promoters, get up to. Chances are that money is long gone, but at least you can avoid such scams in the future and warn others. Check out the Bookshelf, and the Maxims.

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