Replies to post #1987 on Phio Pharmaceuticals Corp (PHIO)

[oldtimerr]

S-1MEF JUST FILED
http://investors.rxipharma.com/Cache/c29736727.html
It looks like .88 cents per share.

[Inoviorulez]

Me too at least around there. But brand new S-1 filing just now

http://investors.rxipharma.com/Cache/c29736727.html

For some reason they are adding an additional 20% to the original share filing. But they don't need this money right away unless they are

A.) Buying a complimentary business

B.) avoiding a hostile takeover

C.) or have more institutions on board willing to buy a lot of shares

Think about it what other reason would they have to add 20% more over the original shares offered?