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I think that's the exact same email he sent me when I asked.
Your post makes me want to sell.
I wasn't saying not to, just saying don't get your hopes high.
I would bet that none of us would be allowed on live to ask any questions. Only preset fluff allowed!
The way I understood it was that the 19 patients would be enrolled and be dosed. The testing of the results of the trial will take around two more months after that. So I would guess the end of February if everything goes as planned and we would have results that could be announced.
Again, that is just my understanding from what he had said.
Or licensing our delivery system to someone? They have been "working on it" for a couple years now. We need results!
Doug told me their projection was to be completed by the end of the year and so far they are on target for that. For the 19 anyways.
I emailed Doug and he responded right away. Unfortunately he said the protocol is to announce once all 19 are enrolled so there will be no update until they are at 19.
I want more information so I think it's a great idea!
They have stated the delivery system is ready for licensing for several years. That is what I am questioning as to why we have not seen anybody use it for other drugs.
Then PN needs to step up and get to work for the share holders!
If our delivery system really does work then how is it we do not have somebody using it already? It is been ready to license for several years but nobody is paying us to use it? Something just doesn't add up. Even if you license it out for minimal money just to prove that it works in the real world market.
Shoot, let somebody use it for free if it'll show that it has a real application value! Then we can have a real value for the company and the stock would be manipulated much less.
Especially since a couple brokers have come out with @$4 targets. Still shorting would imply they know there is no risk involved.
That seems like an awful high risk to keep shorting down in this area. If they sold from three on down then they made a great decision and are financially better for it at this point. To continue to short it would seem very risky with what potential reward?
That leads me to believe they are raising funds at this low price and the buyer is shorting the stock ahead of the purchase. I can't imagine who else would be so bold at this low valuation.
They usually raise funds well before they would run out. They will need to do something in the next couple months for sure.
If they don't resolve the cash issue and delisting issue with some serious stock price moving news then we are toast, and Peter should be removed immediately!!!
That, and the need to raise funds soon.
I am afraid his solution to that might be a reverse split. Which would probably come with another 20 to 30% cut.
There needs to be an update of current status of things. With real info on enrollment progress! Wake up and do something!!!!
Can anyone verify if that's true?
Good grief, this thing is dead until some real changes happen at the top!
Our fearless leader might just plan on a reverse split to fix his stock price problem. What does he care?!
I don't blame anybody for selling as long as Peter is still at the head of the ship. Too many years of disappointment. I am not selling, but I understand it if somebody is.
Works that way for me too!
Humpty Dumpty is sitting on the wall, which way will it go up or down?
Does anyone know the date that we might be delisted from the NASDAQ for the price being too low?
That is a lot of volume for there not being any news. At least not that is public.
I wasn't sure if they are making it easier or more difficult. If they made it easier then it might've been part of the deal with somebody looking to step in and take control, which would be awesome!
What are they getting ready to do with the recent 8k? They would not have done the filing unless they had a plan to do something with it.
Dang it, I wish I knew that sooner. What makes you sure that it is going to go to 38 or lower?
The only comfort I can give myself is this, why would someone exercise warrants at a price so close to the trading price unless they expected it to go up soon.
Anyone able to stamp out my hope with some logic I did not think of?
I am speechless, other than to say that I am speechless. So technically I'm not speechless. Just shocked!
That is so nice of Peter to wait until the price completely bottoms out before he does an equity raise with additional shares. Way to screw your longs!
I think I have given up on this as long as Peter is in charge. Breaks my heart!
So based on the last update, my current assessment is this… We are coming off the Russell index, we are getting delisted, we will need to raise funds through dilution, and I'm sure will see a reverse split in the near future to bring our stock price up to a "respectable" price.
Nice job BioPath!
Peter is really earning that $8000 a week!
These updates have been mostly repeats and never bring market relevant news. I am not gonna bother to try and listen.
Iloveu2, what is your next prediction on the stock price?
SJ, sorry I was vague. My question was to ilove predicting the 50's when we were in the 70's. He has made multiple predictions that have ended up being correct and I want in on the wisdom!
How are you able to accurately predicted this? I got to figure out a way to stop losing money on this thing.
So you're thinking there will be no run up, then a drop after the no new news?
Oh good, a business update!
I wonder if he will use the same info as the last two years?