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TELESTA THERAPEUTICS INC T.TST

Healthcare Biotechnology
"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

TELESTA THERAPEUTICS INC > Paladin deal
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Post by beechguyon Jul 05, 2013 5:05pm
128 Views
Post# 21591773

Paladin deal

Paladin deal"Bioniche is not required to seek shareholder approval in connection with the issuance of the Warrants to Paladin."

Translation:

" F#@k you shareholders"

Nice touch Graeme.

He gave away Canadian, Mexican and South African rights to a groundbreaking cancer treatment for a 13.25% loan with a $5mm pay out clause and 2.5mm warrants that will likely all be in the money within 3 months. The Paladin negotiating table was drinking Crystal post facto, while Graeme once again licks his wounds. Sadly I'm sure Graeme thought this was a coup!

beech
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