Phio Pharmaceuticals Corp (PHIO)

[Inoviorulez]

Not only that. But first dilution, even with the LPC deal they have going they won't have enough cash. They will have to dilute shareholders again at this low of a price. The problem is that even if they sell 60,000,000 shares of RXII at .30 cents per share they won't raise that much. It would only be enough for like one year worth of cash. So cash raise and dilution is all this stock has been. I'm glad I sold all in December of 2016 with a tax loss, no more headaches.