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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

Post by thePlayeron May 01, 2013 10:37pm
213 Views
Post# 21327969

VMC - Corporate and NoHandle

VMC - Corporate and NoHandle

during today's discussion you both put a few very good points on our BB.  I hope majority of shareholders would be able to agree that if within nearest months VMC will not at least to pay for itself The Download must be seriously considered, at a minimum some kind of partnering to minimize/eliminate BURN.  We can't afford that endless funny things with VMC anymore. If I'm not mistaken this bloody thing from the first projected time line is around 5 years late... and still counting by the way.

SELL THE BLOODY THING OFF if you can't guarantee meaningfull utilization within nearest months.

What a spectacular fiasco / failure it would be for Mr. McRae.

 

Regardless of the above I hope that shareholders will not lose the perspective.  We don't have the luxury to concentrate now on technical things like sell/not sell VMC, sales, Urocidin way forward and so on and so forth.  We don't have the luxury to forget about The Main Issue which is the management of the company.

This is the first and foremost issue which must be dealt with.  Don't fool yourself into believe that if somehow The Ruler with his BoD will master deal(s) and fix the urgent cash crunch our problem as shareholders will dissapear.    Grave mistake it would be indeed. 

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