RespireRx Pharmaceuticals Inc (RSPI)

[neuroinv]

Is Gfp the only member of this board who has not forgotten that you shouldn't eat wild mushrooms that you can't identify? Some viewpoints are the usual vacuous projections rushing to fill the silence for lack of anything better to do, some come from people who used to know better. But there are a couple things worth remembering:
1) The last time that I recall the price closing at .07 was shortly before the Samyang financing. Which itself came a couple months before the Biovail deal.
2) Which only shows that we have no idea what is really going on. It is not an efficient market, the share price for a stock this thinly traded says more about the ebb-and-flow of emotion than anything else. History does show that Cortex management does not leak news, good or bad.
3) The absence of news does not mean that a deal or financing or buyout is going to happen; it also does not mean they won't happen. Anyone who claims they know how this is going to play out is just making it up, out of ignorance or hubris. I don't know how it will end, and neither does anyone else on this board.
4) Gfp had posted some back-of-the-envelope calculations on how long the money would last, and extrapolating from last time, Cortex has the ability to exist on fumes for even longer. So any guesses that the lights will simply go out at the end of June are not taking into account even the meager information available.
5) Anything else, in terms what may be under discussion in terms of selling the company, a program, or raising money at would be awful terms, isn't something Cortex, or any other company in this position, can discuss. So at the moment, it's just a giant Rorschach test, on to which everyone can project their own assumptions about human nature. They have nothing to do with what is going on behind the scenes.

NeuroInvestment