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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 beechguyon Feb 27, 2014 9:19pm
334 Views
Post# 22261771

RE:I see the Vetoquinol release

RE:I see the Vetoquinol releaseThe only chance we have if we don't ratify this deal, is if we get a Urocidin partner before June 30th with a lot of up front cash (around 60mm!!) That isn't a dice roll I'm willing to take. At least now someone can make a rational decision based on what is in front of them. If you like Urocidin and think a partner is on the way, you buy or hold. If not you sell. Graeme's "Let's build a 50mm plant for something nobody wants, spend 15-20mm in interest carrying it, and pay our creditors 5mm for giving us a loan" made it impossible to value this company. With a burn of 1.4mm a month our viability was fleeting. At least now if they need a financing in the next year or so, the selling of it may be simpler. "We have a phase 3 completed cancer platform, there's the prospectus" Beech
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