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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 beechguyon Nov 30, 2014 8:56pm
436 Views
Post# 23179446

HT

HTWe have close to 16mm in cash once the holdback and receivables are paid to us from Vetrquinol. With 600k burn and 2.5mm for FDA submission (likely much less we are told) we have over 22 months of cash remaining. It is very unlikely we will run out of cash before FDA decision. And yes we all know this is a speculative stock, that is why it trades at .21 and not $21. But thanks for the investment tips. Beech
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