RespireRx Pharmaceuticals Inc (fka RSPI)

[gershfinance]

We really can't expect management to give themselves no additional options (every puiblic company gives management some incentive on an anual basis). Additionally, the increase in the option pool by 2,500,000 shares doesn't mean all will be allocated/granted immediately. Finally, even if all of the options were granted on day 1, the dilution on today's share count (fully diluted) would be just over 4%. I think the 9% drop in share price today is overdone even under the worst possible dilution scenario (assuming the proposed increase to the option pool is the driver).