Bio Path Holdings Inc (BPTH)

[wordlender]

This new BOD member is an M&A lawyer. I think there is a deal in the works or maybe even ready to go, pending interim trial results. This is just a guess on my part, but a few things lead me to this guess. First this new BOD member - they need someone internally to manage a merger and make sure the paperwork is all good. Second, they stopped doing investor presentations. The BIO CEO conference is coming up where BPTH used to present, but they are not presenting this year. I’m not sure when the last presentation was, but BPTH seems to have lost any incentive to participate in these conferences - maybe because they found a suitor. Also, whoever is looking to acquire BPTH may have their Wall Street goons shorting us to the ground to keep the price down. I think a deal is in the works and maybe in the late stages.

Just a theory.