TELESTA THERAPEUTICS INC T.TST

Newbie

[beechguy]

look no further than the 25mm share offering with half warrants done at a ridiculous .235 with 5 year half warrant Done in the past year. The fallout of this is keeping us pinned at .30 to .40. Millions of warrants shorted against shares held by institutions is the predominant reason for our current SP. We will get a partner or get bought out and you will see a lot of them covered instantaneously. Also Endo abandoned their flawed phase 3b trial which the FDA has now said we don't need. So those fears should have been alleviated. Google Bioniche (our former name) and seeking alpha for a good independent report on our share price valuation. Good luck.

[blartar]

I agree beach that the .235/ wrts. from the last PP are cleaning up big time. They get 40 % on their investment  by selling their shares and get to keep the wrts.( if they choose to ) I beleive it won't get past $ .45-50 , because that allows the Sept 15 2015 warrant holders to become competition. So we sit and wait for the games to end. Must be nice to have such CONTROL  over the

[Tson99]

I would think that negotiations with partners are dependent on them successfully submitting the BLA. We should see an uptick in the SP when that happens and that opens the door for partnership agreements. Once the BLA is filed it should be a bidding war between potential partners. Current valuation of 60m for a Biotech with a BLA for a product with a potential market of 400m/yr is just ridicules.&

[somweyungguy]

"Look no further"..thanks Beech, I wondering why we were trading in a range, now I know exactly why. Newbie is kinda like a pitching coach at the all-star game throwing 70MPH fastballs right down Dundas St.  I'll tag you with a Jorge Bell handle, tagging them out of the park to left, right and centre...nice job and thanks for keeping us informed. Sqr PS - Good thing we have

[RetailRube]

Beech, help me on the mechanics of how anyone makes a profit on this:  "Millions of warrants shorted against shares held by institutions is the predominant reason for our current SP." According to NASDAQ-OTC data, short position on BNHLF is currently 186,000 shares.  I could not find the short positions for the TSX.  (Can anyone tell me what it is currently?) The

[HighteawithIntrepid]

RR It would be my understanding that some of those that got the cheap shares would selectively  sell their shares that are in the money and retain their warrants. Whereas those of us early shareholders are still under water. But eventually they run out of shares to sell and with some good news on the horizon the share price goes up. 49 days to the end of June. HT

[RetailRube]

But HT, Beech said the warrant holders are shorting the shares.  That is in addition to selling the shares they got as part of buying the units that held the 1/2 warrant.

[HighteawithIntrepid]

The amount of shares shorted is about a days trading. And they could very easily be shorted by those owning warrants. However, cash flow  wise you need to ask a broker for the finer points. HT