RespireRx Pharmaceuticals Inc (fka RSPI)

[scstocks]

Hello GFP, Once again, I just don't see a way around a reverse split, unless there is some partnering, reverse merger, or total sale news soon.

I have never thought that Cor management was overly strong with financings, but I have never thought they were stupid either. So why haven't they taken any action on the outstanding share issue? IT IS THE ELEPHANT IN THE ROOM.

105 million authorized now should be about it, imo.

How can they not bite the bullet and reduce the number of shares out, raise the share price, and then raise funds at a 30-40% discount to the reverse split price? A 20-1 reverse split might just get them 20 million or so under that scenario. Then they are left with lots more room for further financings down the road.

Maybe they don't think they can get investor interest for a years worth of financing at any price, no matter how few shares would then be outstanding. I just don't get it. (not surprising)

Hope you are doing well.