RespireRx Pharmaceuticals Inc (RSPI)

[davidal66]

Iggs, I'm no fan of management and have long advocated the sale of the company but if they want to fling a last end zone shot or two... let 'em.

One thing we do not know: the account balance for the CRO that ran the sleep apnea trial. My guess, hunch, is Cortex had to cut cost corners somewhere to even go this far without cash, so they probably have an outstanding debt to either the sleep apnea CRO or some other comparable debt(s) that this will fill.

Minus those debts, it will take a bit of time to arrange a sale as you are no doubt aware of.

As for crapping on the shareholder? I'm puzzled. How is this so horrible? We've been crapped on for so long? that raising three to four months cash on bad terms is worthy of your hostile response? Criminal? Really? Good god man. It was criminal of us not to sell at 5 bucks, who cares now!