Replies to post #23461 on RespireRx Pharmaceuticals Inc (RSPI)

[haysaw]

What does this mean exactly?

<<due diligence stage of negotiations>>

[tonyvanw]

Progress reported on licensing sounds very encouraging - multiple parties - some at the point of doing DD

[bladerunner1717]

What does that mean exactly? Don't they do "due diligence" all throughout the process?


Bladerunner

[asuhowe]

That's all I wanted.. He delivered on some specifics on the financing issue.. I am satisfied..

[Aiming4]

"Our licensing discussions are progressing... we have several interested parties at various stages of negotiation.

Some of which have reached the stages of due diligence.

We would anticipate upfront payments here helping us move forward in 2009.

We are also evaluating additional financing mechanisms that will also put us in a stronger negotiating position."

[iggs]

It is worse than I thought.

Iggs