Phio Pharmaceuticals Corp (PHIO): Also now that RXII has transferred to th...

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Re: zoriden post# 659

Sunday, 06/23/2013 11:17:33 AM

Sunday, June 23, 2013 11:17:33 AM

Also now that RXII has transferred to the OTCQX higher level OTC there is no plans at the moment to uplist to the Nasdaq or else they would have done so. if they were to uplist I would say they will more likely do it when phase 3 starts or ends. That would be the best time to uplist to the Nasdaq.

About your point of dilution, if you invest in a lot of biotech stocks like I do it happens in all of them. Either you are a long term investor or you are a day trader. LIke I said if you are a day trader by all means sell. I'm a long term investor so I am going to hold long on all my shares.

Plus why would you sell now with dilution anyways? We have multi dose results coming out July 12th. This time not only safety , but actual efficacy. Also at the Symposium where they are announcing the results there will be big analysts. JPmorgan, Roth, Jefferies, etc. it's going to be huge. Why would you sell now anyways?

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