Replies to post #3994 on Phio Pharmaceuticals Corp (PHIO)

[Titan V]

Possible but unless it's near, current shareholders will be diluted a lot.
http://www.xconomy.com/boston/2016/06/29/moderna-gets-200m-more-deepens-merck-ties-with-new-cancer-pact/#

[The Other Guy]

It could be the case. Maybe sooner rather than later. The deal with MirImmune is for shares equivalent to 20% of the common outstanding. Why would MirImmune do a deal for shares if all arrows point to further dilution in the near future? I had to re-read the agreement to realize this is not a cash transaction but a stock transaction. Is it highly possible that ownership needs to be "consolidated" before a BP partners or acquires?

Trying to make sense of this...