Bottom Fish Stocks (between .10 and$10)

[zenvesting]

Thanks for the reply Gary. It's encouraging to know you still see the potential in BIPH. As you said, the story is a lot more clear than it was before. The SEC had some questions on BIPHs prospectus and BIPH filed 3 SB-2s to address the SECs comments. Just in case you didn't see this, I find this statement from page #44 of the April 14th SB-2 particularly encouraging.

"We are discussing with Boston Scientific potential changes to the scope of the second and third phases based on the results from the first phase. We are also discussing initiatives with other divisions of Boston Scientific which are outside the scope of the agreement. If Boston Scientific elects to proceed with additional phases under the agreement and such phases are completed and successful, or if one or more of our other initiatives being discussed with Boston Scientific proceeds, it may lead to a license for one or more of our technologies in the context of one or more product lines. We can make no assurances that we will be able to enter into any such license agreement. As part of this agreement, we have offered Boston Scientific a period of first right of negotiation for the application our technology to their product, extending through May 15, 2004."

BIPH appears to have lots of other irons in the fire too; but BSX is red hot right now because of their Taxus stent. ANPI, the company that liscenses BSX the drug coating tech. for that stent has a market cap of $2B on 2005 expected revenues of $114M...incredible....and I think Biophan could potentially have a much broader market reach if their MRI-safe coating thechnology can be validated by BSX.

Thanks again for sharing all your hard work Gary! I set an incredible goal to make 300% by April 1st in order to keep at this full time. I was a little late; but I made it thanks in large part to you, Catfish, and the other folks that contribute at the Microcap Kitchen. I don't know how you uncover so many incredible situations so early; but I'm glad to be able to watch and learn from you.

P.S.: As for the 300% goal, I'm not greedy, I'm just a little guy with a little capital...trying to maintain a modest lifestyle and get ahead of the game. Once I get ahead of the game...like having a year of mortgage payments in the bank and some capital to keep invested...I will dedticate some money and time to philanthropy....promise!

Right now, I'm just overjoyed not to have to return to the hazardous, toxic, and radiactive waste sites that used to be my work place :) Thanks again!