Bio Path Holdings Inc (BPTH)

[SJSTOCKSHARK]

Snug, I agree he should have been paid $250k maximum in 2017. Being paid 10% of the company cash is outrageous. This is especially true when the company's market cap dropped from $160 million to $20+ million.

What about the years when took well over a million in cash and stock? Please advise us what he did in those years to earn that level of compensation?

What were PN's goals and how were they met to receive a bonus in 2017?

The bylaws require:

The compensation committee to review and approve corporate goals and objectives relevant to the compensation of the CEO, evaluate the CEO’s performance in light of these goals and objectives, and, either as a committee or together with the other independent directors (as directed by the Board), determine and approve the CEO's compensation level based on this evaluation;

Evaluation of Chief Executive Officer

The Compensation Committee will provide the Chief Executive Officer with an annual performance review for the prior year prior to March 1 of each fiscal year. The Chairman of the Board, if not also a member of management, will provide the performance review of the Chief Executive Officer after consultation with the other members of the Board in separate session. The compensation of the Chief Executive Officer shall be set by the Board by ratification and approval.

IMO if we do not see a reduction in the compensation based the review due 3/1/18 the shareholders are not being protected by the "alleged" independent BOD members.