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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 25, 2015 9:27pm
191 Views
Post# 24137416

RE:RE:RE:RE:RE:RE:Red it

RE:RE:RE:RE:RE:RE:Red it

 In November 2010, January 2012 and September 2014, the company(Green Technology) did a one-for-200 reverse split, a one-for-300 reverse split and another one-for-300 reverse split, respectively.

To illustrate the devastating effect of these reverse splits: a shareholder who held 20 million shares of GTSO as of November 1, 2010 would, as of today, own only one whole share.

Yeah, this is why I fear reverse splits.  Every time there is a dilution, they get absolution.  We get the cowpie lunch, and a little closer to a reverse.

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