RespireRx Pharmaceuticals Inc (fka RSPI)

[tregaron]

"...If that's the case, then Varney et al should be fired immediately..
They run the company on OUR behalf, not for their own financial benefit.
The sad thing is, if you look at their individual options, they'd still all make out like bandits @ a $3 sale.. !!

However, 99.99% of all management would have to be fired under that scenario, for they all are looking out for #1 only..."

Take off your pink glasses, asuhowe. Corporate execs and the "boards" that hire and fire them do not manage the company for our benefit. The common shareholder benefits only to the degree our positions are aligned with those that benefit the insiders.

I'm not so "instutionalized" as many of the contributors to this conversation. I first bought in a couple of years ago around $3. When the bottom fell out with FDA rejection I tripled up...bringing my breakeven to .80. I have no specific profit target. When Varney and others begin to exercise their options and reduce their positions, I'm outta here.