RespireRx Pharmaceuticals Inc (RSPI)

[drfreely]

Good distillation of the facts.
I'm waiting for the terms of the next financing to be announced before considering a re-entry into CORX. If a buyout is an option it will most likely take 3-6 months to work out the details, since that will correspond with money left for salaries and bonuses. A buy out in the .25-.50 cent range would seem do-able, but how low will the S.P. sink before that is accomplished? Good question. Positive news doesn't seem to affect it, nor do increases in shares traded.
If a buy out isn't an option, then the only hope is that SA/RD can be re-packaged and sold at a high enough price to fund ADHD, since as you point out "Nobody with any serious money will give Stoll or Varney money to spend." That isn't likely to change until they have success in a phase II trail.
Due to the uncertainty both paths entail, I'm on the sidelines until the at least a month or two passes after the financing terms are announced.
I'm not expecting an annual S.H. meeting. It's an expense they don't need.