<<as due dilligence nears completion, news of an impending deal tends to leak out. Obviously, based on share-price, such leakage isn't happening. Can we infer from this that a deal is months rather than weeks away?>>
I recall arguing the contrary, that Big Pharma people aren't going to risk their jobs, and Cortex has already shown the ability to keep (RD results) quiet. I think the share price movement is mostly due to anxiety about "going broke", plus the possibility that people involved with companies (I know of two) interested (not committed) in doing a financing, could be keeping the share price down to make the terms as advantageous as possible. This has been questioned by some, and I certainly don't 'know' that anyone is doing this. But when they talk about 'motive', that would be a pretty compelling one (does a company receive 33 million shares plus warrants or 25 million shares plus warrants for their $10 million?)....that's enough to at least raise the possibility of cheating.
So I personally only take this from the "hue of darkness" (nice touch there) surrounding negotiations (which are not "purported")--nothing is settled. It says nothing about whether it would take days, weeks, or months to get things settled. Other than we know that Cortex doesn't have 'months.'
NeuroInvestment
AI
Market Data 
Markets 
