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I would be careful picking any here, I rather get it at 0.4$, like the private placement guys who are selling here
Nop,they need them to facilitate the disposition of shares for insiders and private placement shareholder.
In simple words to sell shares to raise $
how else do you think those in 0.25 and 0.4 can sell their millions of shares. thats their roll to artificially make market so they can net sell shares.
should be a good buy in the 0.25-0.4 range when it gets there again.
Nice buys at 0.25 !
insert-text-here
Date Name Shares Transaction Value
12/02/2009 GARRISON THOMAS
Director 350,000
Acquisition at $0.25 per share. 87,500
10/13/2009 GARRISON THOMAS
Director 400,000
Acquisition at $0.25 per share. 100,000
so lets do some math..
3.22/8.052=-.399
now agent got 1 share for every 10 sold so he got 800K shares and 322K$....
Man I have no idea how the stock would be able to maintain its current prices without furhter pumpage.
expect the pump to continue as they need to sell a huge amount of shares... to the "eager" buyers..lol
now its very clear why they pushed it, look inside:
link to the private placement filling
Item 3.02 Unregistered Sales of Equity Securities.
As of September 30, 2013, Bio-Path Holdings, Inc. (the “Company”) completed its private offering of up to $4 million of the Company’s common stock (the “Common Stock”). In connection therewith, the Company issued and sold an aggregate of 8,052,514 shares (the “Shares”) of Common Stock to certain “accredited investors” (as such term is defined in Rule 501(a) of Regulation D promulgated under the Securities Act of 1933, as amended (the “Securities Act”)) for gross proceeds to the Company of approximately $3.22 million. The Company agreed to pay cash commissions to its placement agent equal to ten percent of the aggregate purchase price of the Shares. In addition, the Company agreed to issue to its placement agent one share of the Company’s common stock for every ten Shares sold as additional compensation. The Shares will not be or have not been registered under the Securities Act and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. Such Shares were issued pursuant to an exemption from registration provided by Section 4(2) of the Securities Act and/or Rule 506 of Regulation D promulgated under the Securities Act.
I would like to pay 0.4$ for it too !!!
private placement just done for 40c a share !!!
No wonder they needed an artificial pump to sell to the public.
the same pumpers who hyped FU hyping BPTH
Zacks Small Cap
OT: ANDRIUS would appreciate if you could PM me
with contact details (email)Its pretty important.
sending you this msg here since I cant PM on ihub.
BIZM needs above 3.06 to get the shorts itching...we'll see
ok its time to go LONG a few tight stop, GL.
I got no position here YET, BUT I have a feeling shorts are going to get the short end of the stick here.
I'll let this get clearer before I take any position.
do we like DROP here ? hod breakout !
DROP not a promo ;), but you guys might like :)
Looks done ha ?
JALA is that all she wrote ???
and out...no go
LOADING JALA here
yup looking good
JALA going >> 0.2's
JA LA LA LA did anyone say 0.20's ?
were going to close well in the GREEN today !
this is Q3, one brick at a time :)
next we'll have the 10K
you can move on, the rest of us staying to watch the show
GO RFMK
we knew something was brewing !
RFMK MJ stock chart turning here, this is going ot KABOOM the next few weeks
we go >>0.003 today
RFMK going to ROCK the HOUSE today and the rest of the week and the following week. bank on it
watching this REAL close
HUGE ***WASHINGTON PASSED FULL LEGALIZATION***
HUGE ***COLORADO PASSED FULL LEGALIZATION***
HUGE ***DETROIT PASSED FULL LEGALIZATION***
HUGE ***MASSACHUSSETS PASSED MEDICAL LEGALIZATION***
oh yes, MCM is Golden for RFMK, no one is even close to realize its importance. wait and see.
yea homey he had a huge amount, 5000 shares took him out.
try harder..lol
yes RFMK is droping HIGHER !!!;)
Z man, good times coming and they are coming, not just for a brief visit, this is going to be a journey, along one with allot of appreciation along the way.
Some could retire with the profits made here, after all is said and done.
GL
Do you SUSPECT there are a few posters that are
up to no good, and trying by any means to hurt RFMK and its investors ? for their own personal gain/agenda ?
I myself SUSPECT so.
I believe this is very relevant to anyone reading this Ihub board.
I SUSPECT your are correct ;).
smart observation ;)