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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

Comment by thechief9on May 22, 2013 9:11pm
126 Views
Post# 21429049

RE: The Chief

RE: The Chief

Player,

Perhaps I should explain myself better. As a shareholder, if you were to go to BNC, offer to sign a non-disclosure agreement in exchange for privileged information, would you have any success? If your answer is "likely not", then who are the GW group to be privy to such info? An ordinary shareholder? A party of interest in purchasing the company doing their DD? Someone mentioned possibly a consultant or advisor?  Seriously, why were they there?

As a 5% shareholder, they would have some leverage to make such a request. Although BNC could have force them to take a more difficult avenue, they allowed them access. WHY???  We do know that GW made two overtures toward BNC which were refused due to better offers already on the table. What were they?? I guess they can't be disclosed do to their agreement.

Last but not least, if GW purchased their shares from the Fonds sell-off, then it appears that they may have done so following being provided privileged information. Some people may call it "inside information". Do I need to explain this any further. If they were already making some kind of offer to purchase then their interest to do so was already there regardless of what they learned.

So with all matter being above board, I can only assume that GW had their large ownership of shares prior to any information being exchanged, or is involved in some form of a purchase offer (or two)  which were refused.

This is only my opinion or perception, and right now I am still suspicious of what is really going on here. If I were a betting man, I'd bet the house that we don't really know the real truth at this time.  But I'm not a gambler which is why I own this stock. Right??

TC9

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