Replies to post #37716 on RespireRx Pharmaceuticals Inc (fka RSPI)

[tregaron]

Here's another take on the issue...and one that holds little promise for existing CORX shareholders.

Varney sets up a new corporation and then licenses CORX IP for a pittance. He and his cronies then jump ship to Neurolixis leaving CORX with no tangible value and a new crop of "owners" with the ability to move ampakines forward.

[enemem]

I don't buy the roomie angle. Corx has valuable IP, thus arguably undervalued stock. If neurolixis were to buy corx, current shareholders would be eliminated, and VCs could finance (and reap the profits from) bringing the pipeline to the clinic via partnerships.

The only problem with this scenario is that it's likely illegal.

If it isn't, it should be.

[bladerunner1717]

gfp,

Thanks for all your efforts and all your good research in trying to figure out what is up with Varney and Neurolixis.

I emailed Roger Stoll, by the way, and he emailed me right back that I should be talking to Varney directly. It was just a one-line email, but the curtness of it made it seem to me that Stoll was not particularly happy with the situation. But I could be well reading too much into a single line.

I emailed Varney but have gotten no response.

The facts seems to point in a direction that indicate that Varney is moving on.

I suspect that Neuro, with his contacts in the industry, must know what's going on.


Bladerunner