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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 account15on Mar 21, 2015 1:23pm
203 Views
Post# 23547015

RE:RE:Deal being made?

RE:RE:Deal being made?
I believe that this should be treated as a protection credit line. They can go to market drop few shares if needed but this does not mandate that tomorrow they would drop everything. I believe that they might not need to use it in the first place, it is there just for protection like insurance. I actually think its a good proposal that they did vs. agent placement and closing date. In fact maybe they will use this as a tool regarding possible deal structure.
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