TELESTA THERAPEUTICS INC T.TST

Partnership

[DamnYankees]

It seems that a sale of the company would be very discriminatory to shareholders with the SP being where it is but a partnership is probably the way to go. Knowing that management loves these public conversations, my opinion is that they really have demonstrated an incredibly limited  capability to adhere value to the company.  This valuation may be the lowest rung married to the worst case scenario in the hottest biotech market in history. The valuation is so pathetic that this conversation doesn't need to happen. TST needs a partnership to legitimize and validate it. Clearly it will not happen otherwise, short of an outright FDA approval. Partner MCNA without giving up your de risking dialogue and show some type of value to shareholders. Things here are so bad that people get excited moving from 1/18th the valuation of TST's P1 and P2 peer value to 1/10th. Would you be that over the moon selling your house for 1/10th your neighbor's while you live on 10 times the lot?

[loveshackdave]

I agree that a sale would not be as good for investors but I don't see a partnership as being that great either. It will mean dilution just as much as a new round of funding (most likely in the form of less profits going to Telesta and shareholders). Probably more so, unless the partner brings more to the table than just money. Telesta would have more control over the terms of a funding round

[Frogger2]

Good prospective Shack. I originally thought that a partner was the way to go but the more I thought about this over the past few months I think at this point in the process there is no need to be in a hurry. We will have BLA submission over the next couple of months and management investigating, partner, sell and other alternatives. I know DY hates to look in (he must have when he investigated