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Bullboard - Stock Discussion Forum
TELESTA THERAPEUTICS INC
T.TST
Healthcare
Biotechnology
"Telesta Therapeutics Inc is a biopharmaceutical company. The Company is engaged in the research, development, manufacturing and commercialization of human health products and technologies."
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TSX:TST - Post Discussion
TELESTA THERAPEUTICS INC
> management fiddles while TST shareprice is burning .........
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•••
vega509
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Post by
vega509
on Feb 19, 2016 1:25pm
management fiddles while TST shareprice is burning .........
like the aftermath of AdCom, their silence is deadly, and big $$$ investors are staying away.
(0)
•••
DamnYankees
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Comment by
DamnYankees
on Feb 19, 2016 3:05pm
vega, you saw the last release. They are working on a letter and you will be updated in several months, or when the next 10 mil is burned. Whichever comes first. What more could they possibly say or do? "They have always done what they said they would" do sit tight. ENDO will be around to collect MCNA soon enough. JMHO. Besides there is almost no insider "paid for" share
...more
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•••
runningonempty
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Comment by
runningonempty
on Feb 19, 2016 3:51pm
We should not be at all surprised what we are getting from TST management. This is just a continuation of failed results, ADCOM, CLR and now they need time to come up with a new plan for moving forward. Just like increasing shareholder value, a noble goal in 2015 and you know how that turned out. We are sitting at 10 cents and these guys are holed up working on new plans and goals to
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•••
DamnYankees
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Comment by
DamnYankees
on Feb 19, 2016 4:04pm
With their third straight reject from the FDA, orphan, Adcomm and now BLA, one would think that they'd get the hint that a backup plan might be necessary. The whole "disappointed" gig whenever the FDA makes a ruling has worn itself out. One of their 50+ employees (now on semi retired light duty) must have clued into this. I'm sure the Type A letter that takes hordes
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ragingbull1234
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Comment by
ragingbull1234
on Feb 19, 2016 4:18pm
Here is why the stock doesn't matter to me. 1. I didn't buy at ANY IPO or share offering by the company, so I've given them NOTHING. They are not burning thru "my money". 2. The share price is inaccurate. It represents the collection of everyone's minds, which apparently is worth 10 cents. Not bad. I'
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•••
HighteawithIntrepid
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Comment by
HighteawithIntrepid
on Feb 19, 2016 8:37pm
Give the poor bug-ers a break. I don't think there are that many extra warm bodies sitting around doing nothing. If and when we sell the Belleville plant we will drop 3 payroll cheques. My only issue going forward is to insure there are no cheap options granted. With the exception of those lucky late comers most of us have an ACB over .50 so my goal would be to say no options below .80
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Frogger2
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Comment by
Frogger2
on Feb 19, 2016 9:44pm
I would be surprised to see any options offered now or the near future. These are supposed to be insentive to retain high level staff. Given the recent failure all around I see no reason to reward anyone. That being said I am not sure of the vested date and strike price of current options but my bet is they have no chance of seeing any profit on any options they currently have. In my opinion we
...more
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