RespireRx Pharmaceuticals Inc (RSPI)

[davidal66]

A cautionary tale for all potential investors in Cortex. Despite all the promises of warrants with sexy exercise dates and pricing, the seemingly advantage of taking part in a Stoll-special situation with warrants and other inducements vis-a-vis ROTH and Rodman et al. But I would point out that each and every PIPE vehicle investment into Cortex has lost their shirts. Not one has come close to breaking even. While Cortex officers have garnered their salaries, while plans for trials may or may not come to fruition, from Samyang to a five-year old piece of paper from Roth... all are deeply underwater.

Close to getting control of the company, giving a million dollars to Cortex is simple charity... except there are more deserving examples.