Phio Pharmaceuticals Corp (PHIO)

[Inoviorulez]

RXI Pharmaceuticals enters into agreement with Lincoln Park Capital to Purchase $20 million dollars worth of RXI stock over a 30 month period to help fund ophthalmology pipeline. Lincoln Park has already bought 500,000 shares at $4 per share and will continue to buy higher sequentially. http://investors.rxipharma.com/file.aspx?IID=4418218&FID=23303595

Tomorrow is the meeting with Roth Capital. maybe more private placement money.