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Since these boards are so quiet compared to a couple weeks ago, listen to my dreamers dream.....
This dream is based on the rumor (which I highly doubt is true) of Carl Icahn taking a stake in BPTH.
If he were interested in getting involved with a tiny company that he could buy outright for the cost of his weekly allowance, then he might want a little protection. Assuming he took a position with the intention of facilitating the advancement of BPTH’s product he might have told PN to close his other offering so there was not a chance for PN to raise funds on the open market after the price runs up because of his involvement. He might have the long term path for the company mapped out and need to save the company from PN’s foolish moves. Then when more money is needed they would work a deal with Icahn where he can take a controlling interest in the company by being the buyer of shares.
Reality check, if Icahn took a stake in BPTH then you can add a Zero to the share price as it would legitimize what is mostly just a fantasy for old share holders. I hope it’s true but the same type of rumor went out several years ago involving Bill Gates. See what that got us?
It states it is in reference to an offering that was not used. The recent offering was used. I believe they still have that money.
No, you’re not reading it correctly. They’re canceling a different offering that they never utilized. I don’t know why it is considered such a great deal but I’ll take it.
What reason would they have to file that latest registration removal request?
But he has done so much good for this company! Unfreakin believable! If he doesn’t leave nothing will change and we will be right back where we were.
Maybe they’re going to finally announced that they’re going to replace PN with somebody that knows what they’re doing! That is worth a doubling of the stock price.
Your marriage to bpth has been shared by several of us here. I hope it ends well.
The impression it gave me was that they exercised warrants and cashed the stock out during the equity raise but somebody on here has to know for sure what it was.
Good grief, it’s like a ghost town around here. I was wondering the same thing and hope somebody has an answer.
I have 2 thoughts/questions.
Most times a company raises funds through dilution, the share price almost always ends up below the offering price. This company on several occasions. Why will this be different?
Other observation, there were no warrants with this offering. Why not? They gave them on the one they did at $2.65 and those won’t barely bring in any money for the company when executed but are worth a ton now.
Grabbed a pinch. What about bpth short term.
I am interested also
I wish all you long-term shareholders the best of luck. As always, I hope the drug gets to market and helps people. If you can find it look up the history on ticker symbol TAGG. If I remember correctly, that one did the exact same thing I think this one is going to do.
I haven’t posted on here for a long time and I have been wrong about this company many times but I am almost 100% sure this run up is all scam. I sold off all my shares Friday. Nothing has changed with PN and bpth for several years now. I am out. Be careful and good luck.
If he raises funds through dilution again when he keeps acting like we have technology of value but he can’t get even a dime for any of it then I am done. His pockets keep getting fatter and we’re sitting here withering away to nothing.
What if they closed the doors a month ago? There is really no way to know. We could be talking about something that no longer exists. A modern day unicorn.
The next announcement from BPTH needs to include either a partnership with licensing or a buyout. If not I’m afraid I’m gonna have to give up what little hope I have left. I feel like a junkie that has reached rock bottom. If this next announcement doesn’t cure me, I’m gonna have to seek rehab.
I have been wrong many times before, especially here.
I have thought/hoped that many times in the past. Every time I have been wrong.
PN for corporate dr. kevorkian of the year!
Now that we are at an all time low I imagine we will hear about a equity raise from our champion. Somebody needs to get him out of there. I don’t understand why M.D. Anderson isn’t more involved when it is their product he is destroying.
And I am hoping that that’s the way this plays out, that we end up getting a drug to market. But the reality is if it does happen then it could have happened by now and the only reason it’s not is because of poor time management and trial decisions by PN!
For sure! If I sold all I had at five dollars presplit I could almost own the company by now. I definitely own my bad decisions but leaving the CEO in place has been outside of my control or it would have happened already.
The old saying that pigs get fat and hogs get slaughtered definitely applies here. I could’ve walked away nice and fat instead now I’m getting slaughtered.
I averaged down several times in the past with the promise of good things to come and just kept cutting myself on the knife. Now I just wallow in my poor decisions and hope that the science can prevail.
Apparently they’re only followed by one or two people because the stock has not gone anywhere since they announced it is worth eight times more than it is currently valued at.
That man deserves a raise! He has accomplished the unimaginable!
The volume is not near enough for that to be happening, I don’t think.
My speculation on the early April huge volume day will have to be proved valid or another pipe dream. Institutional reports for the 2nd quarter are going to tell the real story, in my opinion.
I can pretty much guarantee more dilution. He has performed horribly up to this point. No reason to expect different.
I truly hope I am wrong.
They are probably waiting until the stock is at an all time low and then they will do an equity raise.
But I thought if we stop the negativity and wished on four leaf clover’s things would magically be better. So the company actually has to do something for things to get better?
I have been a fool about this company for several years now and this is just more of my wishful thinking. That Day we traded around 12 million shares was in the very beginning of April and I am hoping that it happened right after the deadline for reporting quarterly transactions for large shareholders or institutional investors for a reason. Hopefully for the same reason that they’re adjusting the protocol back to how it was before as part of the deal they’re negotiating with someone that can fix us.
ilove, what are you expecting from our current lump of coal?
I wish I was smart.
If it is naked shorting then it is probably by the people they are doing the equity raise with. Screwing long term holders as usual.
I can pretty much guarantee you will not be able to get in and ask a real question. You’ll have to tell them you have some lame easy question and then hit them with the real question once you are allowed on.
PN’s “shortly” has been as much as 2 years in the past.
No follow through buying today means we are headed back down. Shocker.
That is the first time I have found a picture of PN. He has done well to hide what he looks like!
Using that analogy it looks like the bowl might be filling back up. The only question is what does PN do with us next?
I think we might be in the early stages of a decent price run up. But that probably means were actually going to go down further.