Phio Pharmaceuticals Corp (PHIO): According to Dr. Cauwenbergh at the Jeff...

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Re: Maryjaneotc post# 2169

Monday, 06/22/2015 10:22:36 AM

Monday, June 22, 2015 10:22:36 AM

According to Dr. Cauwenbergh at the Jefferies investor conference, the Preferred shares have been fully converted, new institutional ownership is coming in and he expects the share price to "recover in the coming months." Although it's not clear what his idea of recovery is, be it $1.00 or $3.00, once the IND is filed I'm sure we'll see some good PPS movement.

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