Replies to post #23060 on RespireRx Pharmaceuticals Inc (fka RSPI)

[Jads14]

A deal could still be made now but as each day goes by chances become less and less. COR's cash is reaching the none existent level and COR has to raise cash as quick as possible even if a PIPE is at horrible terms. COR also must raise enough cash now to cover their expenditures for all of 2009 so that their annual report is not qualified for a going concern basis. Therefore COR would need approx. 15-20M immediately and the quickest way is through a PIPE.

[PATCOcontroller]

Jake-

Congratulations!! Your question is the best one asked this year.

The truth is, we old timers (ten years or more), have gone through this ritual about every six months. Sometimes when euphoria breaks out, the stock would skyrocket. Lately, the past few years, it just breaks wind and goes back to sleep.

However, you will know the PIPE is coming when the stock opens at .40c a share. What is "telegraphing" this event? COR is just about belly up, there are no buyers of the company/technology at the door, and there are dozens of us suckers out here who are going to double up again on the "cheap stock."

Bottom line, for us CORfanatics, this is a ritual we go through a couple of times a year.

COR-Joy supreme-welcome to the hopelessly addicted-DT