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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 Tson99on Aug 21, 2013 4:56pm
505 Views
Post# 21687664

RE:Q4

RE:Q4

Most companies will try to get their numbers up as much as possible if they are trying to sell. What were the numbers again for Q3? Oh ya, down 12%. Way to go Bioniche. Let's see how far revenues decline for Q4.

If Bioniche cared at all about their shareholders they would,
1. Do what they say they are going to do, when they say they are going to. (has not happened once yet)
2. Freeze all employee bonuses (including executive) until their financial outlook gets better.
3. Reduce executive salaries and reward with stock options at a much higher price.
4. Reduce costs.
5. Reduce employees
6. Halt VMC certification
7. Sell VMC
8. etc.
9. etc

The problem with Bioniche management is there is no accountability.

Tson99

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