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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 Tson99on Feb 26, 2013 2:14pm
140 Views
Post# 21044190

RE: RE: RE: RE: "at very best, a guess"

RE: RE: RE: RE: "at very best, a guess"

I don't think they will go bankrupt. They could have decided not to go for global GMP back in September but they did. I guess they were thinking better to bite the bullet and do it now. Plus the VMC is worth more with GMP certification. There is no use shutting down the VMC now in the 11th hour. Get the VMC GMP'd and it's now a $60 million asset. Obviously there is a lot we can only speculate on but from the conference call Graeme sounded pretty confident that they would be able to secure partnerships for Urocidin, at one point he had to bite his tongue and check with Ford about what he could and couldn't say. Any partnership deal gets us at least a double or triple from here and throw in the VMC GMP'd and we should be back to a more reasonable stock price somewhere over a buck at least.

Tson99

Bullboard Posts