Replies to post #3538 on RespireRx Pharmaceuticals Inc (fka RSPI)

[gershfinance]

point of clarification....Generally, departing employees do not keep their options...they must either exercise within 30-90 days of departure, or forfeit them. And as most of Hank's (and everyone's) options are currently underwater, it is unlikely any would be exercised. Now, management may have cut a deal here in exchange for continued cooperation, but the norm is that options do not follow departing management.

[jerrydylan]

amen to that! And think about keeping the share count under control as well...with overhead reasonable/ that would be something to behold.