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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 RetailRubeon Aug 25, 2014 12:10pm
359 Views
Post# 22874956

Prelim Prospectus words on Change of Control

Prelim Prospectus words on Change of ControlTwo interesting things I picked up from the preliminary prospectus:

First, the company is in the midst of doing an analysis of going it alone to sell in the US if they get FDA approval.  Since we don't need a US partner to help fund another clinical trial, it may not be necessary to get a US partner at all.  Much more profit for us.

Second, the prospectus goes into considerable detail on what happens to Berendt's and Olds' compensation contracts if there is a change of control (successful hostile takeover offer).  So someone other than just me thinks this is a strong possibility.
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