RespireRx Pharmaceuticals Inc (fka RSPI)

[neuroinv]

There are different levels of 'insiders.' Benedik, as a BOD member, is most likely not being updated about the day to day status of discussions/negotiations. The BOD would be asked to approve a finalized deal, so his purchase on 1/13/09 simply means that as of that time, no deal had been finalized and presented to the BOD. If one had, it would have been publicly disclosed by now. So it doesnt mean anything definitively good or bad. If one wants to presume some inference of how he is reading whatever indications are available to him, it's not a negative.

NeuroInvestment