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TELESTA THERAPEUTICS INC T.TST

"Telesta Therapeutics Inc is a biopharmaceutical company. The Company is engaged in the research, development, manufacturing and commercialization of human health products and technologies."


TSX:TST - Post by User

Post by thePlayeron Aug 07, 2013 5:10pm
278 Views
Post# 21655244

Our only hope is Urocidin

Our only hope is Urocidin
High Tea, as a voice of Mr. McRae,  you must be able to enlighten us shareholders:
 
Graeme is claiming that Urocidin has no risk and he's absolutely confident that this product will reach the market in relatively short order - isnt that obvious and complete contradiction to facts:
 
1. No single Big Pharma is interested in partnership and ready to commit funds. 
 
2. If Urocidin is even half as good as Graeme claims, then he must get at least $60M upfront considering that without completed PIIIA results he got $40M. 
 
3. Instead of relying on supposedly guaranteed Urocidin $60M down Graeme begs for cash at credit card rates, gives away for free Urocidin rights and dilutes us at almost all time lows to get just a few mil $ which will disappear in a few months.  
 
In general - If something feels, looks and smells like complete nonsense, B S or simply outright lie........  it most probably is. 

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