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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 DryBoneson Sep 16, 2015 6:24pm
179 Views
Post# 24110466

RE:RE:RE:RE:RE:RE:RE:Consolidation of Shares

RE:RE:RE:RE:RE:RE:RE:Consolidation of SharesYes, CowDoc, you are correct on that but, it is not yet a policy.  And I maintain my speculation that
they will try to acquire before FDA approval or rejection.  Actually, I will narrow my time frame a bit.

They will acquire after the Advisory committee meeting, if positive, but before FDA meeting end of February.

This way they can get the benefit of possibly an improved stock price but not be risking a price drop (that would screw up their plans) should the FDA ultimately not give approval.

In fact I would bet they have already selected their target acquisition.  They have the dircetor now who could organize such an objective.
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