RespireRx Pharmaceuticals Inc (RSPI)

[gfp927z]

Davidal, There's one way they could raise $20 mil within a couple months. Do a 1/10 reverse split combined with a financing to recapitalize the company. It's not likely to happen, but it would be the best way to go IMO. Current management would lose control of the company (which may be a good thing), with the financing entity getting over 50% ownership, but there's finally enough money to get things moving again. Varney/Stoll probably get canned (Stoll yes, Varney maybe/maybe not), but Ampakine development can move ahead with full funding.

I don't see any other realistic way of getting a big chunk of money. Otherwise it's going to be more piddly interim financings to buy time for more drawn out interminable pharma negotiations, trying to partner assets that are way too early stage to have good value yet.