TELESTA THERAPEUTICS INC T.TST

Unless I'm supposed to read this NR in code, I don't

[BrendanC]

see where there is "bad" news as the ranters rant on about? Obviously they are seaking partners in the U.S to develope MCNA, that would be a give-in even if they plan to sell. To me, if I were to buy MCNA and it came with an existing partner in the u.s, I think that it is positive news. Shows they arent giving up on it and playing the odds. Im still holding storng here. Dilution? Someone metioned this before along with a consolidation. They have $44 million in cash... why would they dilute? Curiosity....   GLTA

B

[tooez1]

[BrendanC]

Agreed, weak hands and penny flippers. My post got almost 100 reads in the first 10 minutes... a lot of interest here...B

[TigerDawn]

Dilution?  It really depends on what type of contract the US partner negotiates.  I know, if I were the US partner, and having a 127M payment from IPSEN waiting I would negotiate for some stock options to take some of the IPSEN payment home, if the US partner does all the work.

[BrendanC]

Im talking about the partner to develop in the u.s... as they talk about in the NR. I can't see anyone in the U.S partnering...   Ipsen has already attributed $172,000,000 to TST. They wouldnt want a u.s partner to share profits with. Why buy milk when you can get the cow for free.... another $100,000,000 to them is nothing over above there commitment. I see a buyout anyway, I think TST

[TigerDawn]

I agree, TST is probably trying to get their buyout from IPSEN.  The sticking point is the options at 33/34 cents (not checking exact amount, have better things to do).  Once those come in to play the buyout price increases by 10% or the 300 M shares actually go down in value due to dilution.  I would think it would be an easy sell at 20-25 cents a share.  The board is