RespireRx Pharmaceuticals Inc (RSPI)

[K-G]

It does not look like the financing is complete since there are so many blanks, including the name of the exclusive placement agent. It also looks like they have not determined how many shares (+ warrants) will be sold, and have reserved the right to not raise the full $3M. It appears that they are just getting ready to raise the money if they choose to at some point in the future. The optimist might guess that there is good news pending and that the company wants the option to sell some shares when the share price is higher. The pesimist might just believe that they are just planning to grub more cash by selling shares because they have no other option, and the $3M is all they think they can raise with the number of shares available for sale.