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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 1wascallywabbiton Apr 18, 2016 9:38am
173 Views
Post# 24778309

Selling for 50% of cash again.

Selling for 50% of cash again.That tells you what the market thinks of them finding a hat, let alone a rabbit to pull out of it.

the cash will dwindle before any deal can be made.

Next will be lawsuits, as they announced a long long time ago they were reviewing multiple options/offers for the technology/company/partnerships. It wouldn't surprise me but those offers would have netted $1+ per share, but they didn't give shareholders the numbers, nor the option to vote. Instead they decided to keep it secret, decline, and gamble to go it alone.

i suspect the cash will be used to settle suits.
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