TELESTA THERAPEUTICS INC T.TST

Hate to burst your bubbles

[rhdmd]

Read the NR carefully.
Even after the GMP is granted. We still have to go through Health Canada inspection and validation for the filling stations which can take another 3-4 months after application for such inspection. So it will be 7+ months of more cash burn after GMP bfore the VMC can produce the first $0.01.
This VMC is a real winner, isn't it.
I vote for just burning it down. We'll be better off.

[Tson99]

Thanks for the info, can you provide a link to the NR, I can't seem to find it. Thanks, Tson99

[rhdmd]

www.asx.com.au/asxpdf/20130626/pdf/42gp24r5bw14qk.pdf or find it in SEDAR

[Pizzed]

Disappointing. The info with respect to time required is a little confusing but no doubt, the VMC is still a long ways from being complete. And that is IF things go according to plan.  Once again, is sure appears that McRae was not completely honest with investors as to when the VMC would be available commcercially. No wonder he didn't want to commit to contract manufacturing back last

[beechguy]

I agree with your burning it to the ground thesis. It would be worth at least .50 more as ashes, and 1.50 more if Graeme was napping in a staff room when it happened. That has been the colossal screw up of all screw ups. I can guarantee you one thing,GW would not have the same obsession with Econiche and the VMC that Graeme has always had.(that has put the company near the brink of insolvency

[burritscold]

While I think you are somewhat optomistic, I believe you are essentially correct. I will be voting 400,000 shares for change.