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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 Frogger2on Apr 02, 2015 11:28am
203 Views
Post# 23591508

RE:RE:Partnership

RE:RE:PartnershipGood prospective Shack. I originally thought that a partner was the way to go but the more I thought about this over the past few months I think at this point in the process there is no need to be in a hurry. We will have BLA submission over the next couple of months and management investigating, partner, sell and other alternatives. I know DY hates to look in (he must have when he investigated before buying) the past but it is important to remember that BNC had institutional investors and analyst coverage with (if I remember correctly) a $3.00 target. All involved got burned and tarnished reputations because they were fed the golden goose story by a leadership group who had no clue that they well beyond their abilities. Although I believe more than ever that this is still an amazing opportunity there is an uphill battle to gain respect with these groups. We are now seeing movement with Analyst coverage and some very positive feedback coming from articles. Hopefully more analysts jump in and a huge positive would be an institutional investor. I really don't think we are far off, as each hurdle is passed the value increases and TST gains more control of the future. The competition to buy out or partner also increases which may bring some large cash.
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