Medicating with Options
It seems to this shareholder that Telesta management has had a habit of granting options after significant milestones. Maybe it is just coincidence and contractual timing, but I seem to remember a heavy dose of options being prescribed shortly after the long forgotton "Priority Review" news. Does the other side of the coin dictate that after the ill prepared Adcomm disaster and share price collapse that has devasted their shareholders, they will be declining the Santa options this year? What would you say Gary? Any chance that management shows some solidarity with those who have been cleaned out by the "we have no answer for that" Adcomm decision?