The company does offering now instead waiting, is that because the company not sure the result will be good or not?
In today S-1.
Also if Tang sold all his shares last week, the PPS might move up next week! Otherwise, the delisting notice will send the price down further next week!
Now market reaction to RXI-109 is that it does not have significant effects for clinical use. If Geert can prove rXI-109 works, the PPS will go up? We are going to see 3 month result in mid 2015!
Will he answer all the financing questions next Wednesday?