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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
Post by RetailRubeon Apr 20, 2013 4:30pm
222 Views
Post# 21281026

More Shareholder Education

More Shareholder Education

Dissident shareholders at Diagnocure (T.CUR) have nominated 3 candidates for director in addition to the 5 candidates put forward by management.  That would give them control and allow them to oust the CEO.  It appears the dissident shareholders are not soliciting votes, so there may be no dissident proxy circular.  Shareholders are quite angry, so maybe it is not necessary to solicit votes.  CUR is much like BNC, run by a CEO who founded the company and likes a lot of control.  It doesn't sound like the dissidents are spending $1 million on $500/hour lawyers like HighTea suggested is required.  ($1 million would represent a year's worth of legal work at $500/hour.)

 

I don't know how this will turn out.  Watch and learn how it is done.

 

 

Bullboard Posts