RespireRx Pharmaceuticals Inc (RSPI)

[drfreely]

"Sell the company!" Amen to that.
I don't think it'll happen.
Back in november I posted that SA results might well go the way of the FDA letter and Tran. I still think that is the case, because whether it's buyout or dilution, Senior Management's career is toast. No pharma will ever put Varney in a position of responsibility after what has occured at CORTEX. If anyone thinks the excuse of being the victim of a sector meltdown will score any points in today's job market, then you haven't had the pleasure of a job interview recently. There are numerous candidates with winning track records that aren't given the time of day.
Fact is dilution, and "hanging on in quiet desperation" is the only avenue left this team.
The only one that pulled the ripcord in time was Tran.
After they've bled this one dry, all they have to look forward to is 18 months unemployment, and really awkward silences at job interviews.
Sorry, but that is the only solace left the CORX investor.