Bio Path Holdings Inc (BPTH)

[PStates]

Thanks for your compliments. I too would love for this company and especially the technology to succeed. I just cannot find any evidence of any positive progress in the last several years. Patents are expired, funds are depleting, testing has evidently stopped, pps is tanked. IMO there is a low probability of a buy out because it seems cheaper to pick up the tech where BPTH left off than to buy them out.

I believe that PN is unmotivated because he does not care about the wealth that his options could generate because his bloated salary is sufficient for him. I think that in his mind he feels rich enough. He already has many millions of dollars and its my opinion that more is not a motivation for him. He is just coasting along until his salary and bonuses have absorbed all the cash that is available. He then will retire a rich man. Being more rich is just not a motivator.

Hiring new people into management is a smoke screen. It gives the illusion of progress but has not actually produced any progress at all.

The only salvation possible is a return to actual testing results. If I remember correctly, the last ones were more than a year ago. There seems no realistic reason to expect that to change.