TELESTA THERAPEUTICS INC T.TST

GW response

[beechguy]

Anyone think GW was going away?? They seem more determined than ever. 

 

Beech

[DryBones]

This post has been removed in accordance with Community Policy

[Nohandledzep]

Artey...read the release. They are legally restricted from circulating their proxy until BNC agrees to the special meeting.   With that in mind, why would Bionche loop thier own noose, and agree to a meeting unless they absolutely had too?

[cheapinski]

didnt they say they were waiting for the present board to grant a meeting before they would tip their hand?

[beechguy]

They cannot announce their strategy until Bioniche calls a meeting, and Bioniche will not call a meeting without a court order. Hence the hiring of Blake Cassels and Phoenix Advisors. They will file an injuntions asap to force Bioniche's hand into calling a meeting.  Otherwise Bioniche can wait as along as they want, as they have already called a meeting for November 4th. They will

[Nohandledzep]

Beech ...October 30th?   As a public company isn't BNC management and the BOD obligated to sign the best deal possible? What if the best deal possible arises next week? Would they forgo that agreement, as it would trigger the special meeting and vote that they are trying to avoid?   One has to wonder what is actually going on here... Is Bioniche management making decisions, like

[Griz_Online]

I totally agree with wells, Current MGMTneeds to go. It's funny i've made every point in the past with respect to sale of Bioniche pharma etc. I thought a good way to unlock value would be to spin AH off to existing shareholders not sell it for peanuts to facilitate fattening the pigs at the trough. Its time to take that old grandpa hog to the bacon factory IMHO.