Bio Path Holdings Inc (BPTH)

[dmoffat]

Since these boards are so quiet compared to a couple weeks ago, listen to my dreamers dream.....

This dream is based on the rumor (which I highly doubt is true) of Carl Icahn taking a stake in BPTH.

If he were interested in getting involved with a tiny company that he could buy outright for the cost of his weekly allowance, then he might want a little protection. Assuming he took a position with the intention of facilitating the advancement of BPTH’s product he might have told PN to close his other offering so there was not a chance for PN to raise funds on the open market after the price runs up because of his involvement. He might have the long term path for the company mapped out and need to save the company from PN’s foolish moves. Then when more money is needed they would work a deal with Icahn where he can take a controlling interest in the company by being the buyer of shares.

Reality check, if Icahn took a stake in BPTH then you can add a Zero to the share price as it would legitimize what is mostly just a fantasy for old share holders. I hope it’s true but the same type of rumor went out several years ago involving Bill Gates. See what that got us?