RespireRx Pharmaceuticals Inc (fka RSPI)

[jerrydylan]

I have always said to them they need a real partner who is determined to commercialize and succeed together. I used the comparison to Roche and Genentech ( who was really more or less broke in 1992-1993 period) Roche knew they had great ideas and technology, they really needed enough money and cut themselves a hellaciously good deal but it kept DNA alive and .....you know the rest. Well, I am not comparing us to DNA but it's not a bad analogy, on a small scale. They want this kind of deal because we have discussed it, ( on a much smaller scale) the problem is now the low stock price. I think they have interest, which we heard Varney confirm but to a pinhead from BP whose job is not a guarantee anymore who sees a $13 million cap, how or why would you take a $30 million upfront to a higher up as something that you want to do, think should be done when budgets are shrinking? Even lower amount? It is a problem and my own personal opinion is the currency was left to the market without the understanding of how important it was to their survival-to attempt to defend it by soliciting interest, no names mentioned. They shrugged their shoulders...here we are. They know that clinical trials success is the eventual savior, having money comes from somewhere to .....or you need a partner.