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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 by User

Bullboard Posts
Comment by Georgealphabetaon Apr 02, 2012 7:51pm
213 Views
Post# 19750432

RE: RE: Globe and mail obituaries...

RE: RE: Globe and mail obituaries...

It's kind of entertaining to read so many emotionally loaded posts, coming from disappointed longtime investors. BNC employs over 200 people, also accepted millions of $$$$$ in taxpayers money. The company owns state of art facilities, patents, technologies and products that are not sellable. Plus potentially profitable drug candidate. The way I would read Mr.McRae would be slightly different than most of you. Basically what he said in the interview in my opinion ( I might be mistaken).1) Over 200 voters might lose their jobs 2) The past governments loans and handouts will be lost and that fact might cause inconvenient questions being asked about lack of fiscal responsibility by government bureaucracy and politicians 3)It might be sellable for the politicians to fund $50mln vaccine programs for cows in order to save $200mln in health program expenses 4) He also hit nationalistic note about Canadian biotech industry, science and achievements, that line should play good with some federal politicians. Basically Mr.McRae in subtle way openly blackmailed Canadian decisionmakers in probably most read national business paper. I must say I admire Mr. McRae, he fooled longtime BNC investors to the point that they were openly bashing him on this forum.Think before write, that would be my advice to some BNC posters.Regards.G.

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