RespireRx Pharmaceuticals Inc (RSPI)

[LTListener]

I think you may be off a decimal, but needless to say, there has been chunk buys over the past 4 months and lately hardly any dollar volume to speak of. IMO, just a holding pattern until more info is known via 10-k, or some status update on OSA program or the pain/epilepsy tier 3 trials with NIH. I think it is a good sign that BOD memeber loans 100k with only the .0015 warrants to back it up. One would think if there was nothing of significance/value on the horizon, this would be unlikely. Easy accumulate and hold here.

It is interesting looking at other preclinical/IND/phase 1 big pharma deals. Some are anywhere from 10's of million to hundreds of million up front cash with milestone payments possibly well into the hundreds of millions. As the CEO stated if they pass tier 3 preclinicals, they will be open for grant money, but more than likely I would think be striking a similar deal of significance for BP to take the ball and run with it. Such would allow them to focus energy and funds then to one of the other drug platforms they have in the works.

Probably be a fairly boring stock until then I suppose, although as someone mentioned, that seems to be the best case scenario for stocks of this nature. Do nothing, and then strike massive deal, trade for nickels and dimes and more... GLTA.