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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 > A 20-1 minimum RS is hardily a victory - just saying :(
View:
Post by Mikepal on Aug 24, 2016 9:49am

A 20-1 minimum RS is hardily a victory - just saying :(

A 20-1 minimum RS is hardily a victory - just saying :(
Comment by Tson99 on Aug 24, 2016 10:09am
Agreed, Take the cash out of the equation (34 Mil) and for 8 Million they get: Montreal Manufacturing plant Belleville Manufacturing plant 50 Million Tax deferral The whole MCNA platform (phase 3 drug will years of research) already being successfully used in canines as Oncocidin. The are getting a hell of a deal! I guess there is the possibility of another offer down the road but I would not ...more  
Comment by peasoupfog on Aug 24, 2016 10:22am
This post has been removed in accordance with Community Policy
Comment by scroll4facts on Aug 24, 2016 11:03am
Basically, taking away the cash and the fiscal incentive, we're sort of begging to give away 2 manufacturing plants and the entire MCNA platform. Such an insult and a monumental joke to me. I feel like we're being laughed at. Someone should send a copy of this deal to a few major biotechs and pharmas and I wouldn't be surprised getting an overbid of at least 2-3 times this one.
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