Bio Path Holdings Inc (BPTH)

[craiviolin]

Has it occurred to anyone the possibility of what's going on here?
After this next giant reverse split the vast majority of investors including institutional investors will have only a handful of shares making it an ideal target for another drug company buyout or even more probable a private purchase by the board members.

There is no other reason left to consider.BPTH will still need massive amounts of cash that no major investor wants to even think about.

Besides staying on NASDAQ has defeated its purpose because the only reason for that trumpeted by the board was to attract major investors. With that scenario now completely out of the picture the only plausible explanation left is to go private.