I saw in the last presentation and they explained that they will need cash in order to go on to the next trials. Im guessing they will raise cash through an offering which will most likely cause dilution, so wouldn't it be safe to say we can expect an offering after the presentations???
xpac, grant monies and current cash alone will certainly not get RXI through year of so (my guess). As its always prudent to raise more money before cash on hand is depleted, I suspect at some point this year there will possibly be an offering, but it is my thinking that the more likely scenario will be a partnership, judging frm Dr. Cauwenbergh's past history .