Phio Pharmaceuticals Corp (PHIO)

[terry hallinan]

sabaidii2,

barring a deal, expect dilutions on a regular basis. Btw, reverse splits occur annually after the dilutions force the share price under $1/share. NASDAQ gives companies one year get it back above $1. RXI knows the procedure quite well - as do the unfortunate share holders.

Sounds so inviting.

And yet the science has a most unusual wrinkle that has attracted even Phillip Frost, the Warren Buffett of Biotech. That is, of course, delivery of the messenger killer into the cells delivering bad proteins.

Antisense has been a black hole for cash for over half a century and RXII holds a patent that claims an answer to a terrible riddle that has bedeviled the science for all that time just as it seems to be offering other hope.

What think you of that, Sabaidii2?

Not much, I would guess, but thought I might ask anyway. Not so many candid folk on message boards.

Best, Terry