RespireRx Pharmaceuticals Inc (fka RSPI)

[enemem]

My problem is this: creating all these new shares is potenntially a defensive maneuver against being pushed into a sale / merger.

My read on the heavy volume of shares purchased recently is that the institutional investor likely made the investment in anticipation of a sale of the company, because of the lack of liquidity of cor shares.

If the institutional investor bought cor shares massively in anticipation of a quick double via sale/merger of the company, then it's not obvious to me why they'd want to see this increase in shares occur.

The whole problem with groups colluding with cor management in getting this to happen is that I don't see how they make money on it. More shares for more PIPEs doesn't help anyone.