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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 renoldmanon Feb 17, 2015 6:18pm
185 Views
Post# 23437713

RE:Future Sources of Cash

RE:Future Sources of CashRetailRube,

Telestra spends about $3 to $5 Million per quarter.

The company is financed to about June 30.

This means the company needs to do something within the next 3 months.

Honestly, the company needs a partner. The problem is that Telestra does not have a lot of bargaining power.

Everyone here can hope for $5 a share, but maybe no one is willing to spend that much.

Do you think shareholders should be made aware of an offer for $0.50-$0.75 ? Or is that too much of a hit on the collective egos?
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