RespireRx Pharmaceuticals Inc (RSPI)

[haysaw]

It amazes me that mgmt is still in place. Aside from the usual risks and timeline lapses in biotech development, this has got to be one of the most poorly managed and directed companies in this space.

Although I have always considered Corx a legitimate company, given the endless complacency of this nearly worthless mgmt team and BOD (among many other fitting criteria), they are probably in the domain of a scam company on many radars.

I don't think the company's primary goal is to mislead investors, as is the case with some sleazy outfits, but based on the limited skills/talents of leadership, ie. their desire and determination for self-preservation, they've achieved the same end. I credit their character for a nicer means, but the praise stops there.