RespireRx Pharmaceuticals Inc (fka RSPI)

[davidal66]

I'm not sure it will pass. The latest VC crowd has no interest in a diluted, depressed share price. Although they are 'out' they have options so are an interested party. How about the retail crowd on Ihub? Do we sound like happy campers about this dilution? And how about those who held faithfully over the past several years and never post here, but linger? And how about the prior PIPE investors who bought in at 1.66 or has "money" in the waiting at warrants way-out-of-the-mulah.

Against this sentiment would be the insiders; last I checked that's paltry. Then the Rodman crowd--but again that is truly iffy since so many of their PIPE money is tied up in individuals lost money in Cortex. Perhaps the entity who bought recently with such vigor as the VC crowd exited. But if you bought say 1 million shares for around 210,000 dollars... do you really want to agree to dilute the company in November, or would you rather vote for a quick sale of the company?

I will vote against this measure. I don't quite understand it, but the trust is not there. With an impending deal in '30-45' days, why allow such an overhand to depress possible share price movement? Don't we have enough of that already with the VC warrants in the 30 cent range.

It seems to me it is high time to ink the deals(high impacts and ADHD) or, if there are no takers, put the company up for auction.