Bio Path Holdings Inc (BPTH)

[wordlender]

I would not see that as you eating your words. You expressed what most of us believe are the problems here. Someone came here, however, asking for a reason not to sell or perhaps a reason to buy. I think the shares are a compelling buy at these prices, and we should present a case for new investors to buy-in.

Everything you said has merit. I just wanted to present the case for buying the shares rather than scaring off new investors with all the bad news. I think the company has made some moves indicating they are more serious about pursuing partnerships: notice of allowance on their patent application and appointing Mark Colonnese to the board, who has experience with these types of partnerships. PN talked about it during the Q/A on the conference call.

I expect to see a partnership some time after good results are reported, and I think that kind of news takes us to $5.00 per share. I expect to sell at least half my shares at that point, maybe all of it given the delays and poor management.

I appreciate your continued stewardship of this board, SJ. Thank you!