Phio Pharmaceuticals Corp (PHIO)

[sabaidii2]

"If the company had $20 million in cash..."

You're absolutely right. This has been RXI's situation ever since its birth. I'm long, but a rather unhappy one. What's particularly galling is the lack of insider buying (with the exception of Dr. G - who, btw, hasn't made any share purchases since April of '15).

OTOH, technical progress does seem positive (Samcyprone and the cosmeceutcals)

We'll see what we see.