RespireRx Pharmaceuticals Inc (RSPI)

[iggs]

If I recall correctly, in the summer of 2007 the company had less than three of four months of cash and was talking about inlicensing while the stock price was getting crushed - just like this time- only now we are lingering at "crushed" with even less money- lol. The difficulty with the current situation is that the Co. should raise money again via a PIPE or get a deal done- granted, that the terms on either would suck in this market, but they haven't. Something doesn't add up.

Do you guys think that what they are doing is wise? Running on empty into yet another binary event with SA? What is it they say about the definition of insanity? I think that management is inept, but are they insane? (sometimes, I think so...)

I think the technology has value. I am, however, confused with the logic behind managements actions. In the hands of the right company, Ampakines have huge potential, in my opinion.

Layoffs, missed SEC filings, silence- does anyone care to take a guess what the hell is going on? Don't we have POC?

Iggs