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Bullboard - Stock Discussion Forum 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 Discussion

TELESTA THERAPEUTICS INC > The stench that won't go away...
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Post by beechguy on Apr 04, 2014 1:58pm

The stench that won't go away...

I heard a rumour (from several different sources) that there is someone formerly very close to the company, lobbying for a no vote with brokers. I assume to bring his own offer into the mix. They must not have submitted an offer (nor likely to - if he was successful, he would have had to provide a prospectus). Anyone hearing this same rumour? Timelines suggest that a new bid process is impossible or tenuous at best. No AH sale and July 1st we would basically be owned by Paladin / Endo. Any of you that think your vote doesn’t matter; IT DOES!! --------------------------------------------- ****************Abstained votes do not count as a YES vote, unless you sign your proxy form over to Bioniche Management (James Rae or Michael Berendt)************* I took 2 minutes and went to www.proxyvote.com entered my control number, clicked yes then confirmed. I also emailed anyone I know that owns shares (no matter how many shares they owned or how mad they were at me) A no vote has a very grim outcome for everyone except trustees, Paladin / Endo and buyers of our assets. Do your part!! beech
Comment by boarman on Apr 04, 2014 2:04pm
was the control number mailed out ?
Comment by Frogger2 on Apr 04, 2014 3:50pm
I have heard the exact same thing from a reliable source as well Beech! Lets get this YES vote through and have this guy removed for good.
Comment by Nohandledzep on Apr 04, 2014 3:56pm
Do you mean the stench of arrogance, disrespect and palatable contempt of shareholders that we have endured from the previous management team. Yeah, it is unfortunate that the new CEO has to operate under the same cloud, but that is to be expected when the company has been brought to its knees as Bioniche has. Who knew that Bioniche was in a severe financial position? Until we recently ...more  
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