Bio Path Holdings Inc (BPTH)

[Snug9]

The poster presentation is a perfect Harvard Business School case study of a company that doesn’t know what it wants to be. While the results are very encouraging PN is burning through cash jumping from indication to indication without finishing anything he has started. If I were an institutional investor I wouldn’t give Peter a dime without huge concessions, Sabby case in point, as the probability of getting a return on any future investment is a long shot as Peter jumps from program to program. This falls squarely on Peter’s shoulders and the inept BOD, who as has been rightly pointed out are reaping rewards for doing nothing!