Replies to post #3198 on Phio Pharmaceuticals Corp (PHIO)

[InternetForumUser]

Titan, that is the other side I was thinking about but why maintain exactly 4.99%? Which is the maximum they can own?

[nsomniyak]

Actually, Titan, even if they own over 5% they can press the sell button and sell the whole thing at any time, they just need to file the appropriate form within the appropriate time frame AFTERWARDS. They do not need to give advance notice that they are going to sell.