Tuesday, February 21, 2017 4:36:09 PM
IMO the other factors delaying the PPS increase are the "unholy trinity" of PN holding the COB, CEO and CFO positions. This is bush league. The checks and balances required in a normally company do not exist here. IMO there is no independent BOD member which further compounds the problem. If I knew the company were to retain this start up type of structure at this stage in the game, most likely I would have never invested in BPTH.
The inability of the company to provide updates regarding the combination therapy trial suggests to me there has been no progress. Based on this companies past history I would be surprised if more than the original patient announced by the company has been fully dosed. This company does not seem to understand the urgency created by the present burn rate. With administrative costs running at least $1 million per quarter time is running out. I would have expected the company to be close to dosing 10 to 15 patients by now. I now realize my expectations were simply "pipe dreams."
Recent BPTH News
- Bio-Path Holdings to Present Data at 2024 European Hematology Association Congress • GlobeNewswire Inc. • 05/24/2024 11:00:00 AM
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- Form 8-K - Current report • Edgar (US Regulatory) • 05/15/2024 11:10:29 AM
- Bio-Path Holdings Reports First Quarter 2024 Financial Results • GlobeNewswire Inc. • 05/15/2024 11:00:00 AM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/14/2024 08:10:34 PM
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