RespireRx Pharmaceuticals Inc (RSPI)

[food4thought]

I am not sure why all of the sudden doomsday has entered into everyone's mind. Nothing has changed other than the share price, right? It was pretty obvious that the floor was set to .17 when the finance deal was executed. I was just surprised as hell that it held for so long and a lucky few were able to dump on an upswing. Who's to say SA has to be the end all. Who's to say cor won't do a 1 for 10 or 1 for 20, finance again and again to keep this old heap rolling on so they can continue to collect their paychecks until retirement. The investor seems to be the only loser. Management will never be aligned with the shareholders. They get paid every day regardless of result. It seems most of them other than Varney have one foot in the grave and have padded their bank accounts with cor funded dough. Hell, it's easy to keep a job that has little expectation of you or requirement of delivery. My 2 cents. The ship is going down but I'm sure there is another life raft just within reach for the fab 5.