TELESTA THERAPEUTICS INC T.TST

Vote YES? NO?

[thePlayer]

not quite sure what we are talking about: without AH sale our corner outfit will simply go belly up. Period. Not the case?  

Our choice is:

1. Give a bit of more breathing room, continue the slow death by thousand cuts and have hope
    that something anything will somehow work out and outfit's price won't go to $0.00
2. Within a few months when loan comes due just hit the ground. Hard.

So it didn't take a lot of time after becoming Director and figuring out state of things for Mr. G.Gubitzz
to dump half a million shares while he still could (we all see now what he would get if he would
wait).  So much for (very) concerned shareholder and so called dissident.

Fire sale for embarassing price of $61M was done from the position of complete weakness, if this is
still not clear to somebody I can't help.
What on this planet earth is giving to anybody hope that Any theoretically possible deal on Urocidin
will be done anyhow better???
As a matter of fact after AH sale our bargaining position will change from extreme weakness to
pretty much hopeless I guess.

ANY potential bidder will be dealing with outfit on the edge of death, figurally and literally.  Burning the last amounts of cash..... - for all intents and purposes making a deal with virtual corpse who amputated from itself the one and only real asset.
And we still hope for some kind of deal which will turn the fortune around??

Oh well, is the Urocidin deal with Palladin Labs (EndDo now ironically!) of any indication?
Are this "benign" delays with FDA or Health Canada any indication of actual difficulties which
such a "great promising" treatment with such a "great" PIIIA results is facing in real world???

Did the financial fiasco/disaster make the damage unrepairable?  Does our fresh in-house Director think so???

[Nohandledzep]

Vote Yes... Player, it is unfortunate that after 4 months the new CEO has been unable to provide the slightest tangible evidence that Urocidin is anything but a waste of 150 mil. He has discussed its potential but there hasn't been a shred evidence of interest in it since it was discarded by Endo. We have heard about the 30 plus interested parties and major pharmas and all the rest of it

[PSB]

Hi Nohandledzep I don't comment on this board to often unlike some of the regular posters, but like them, I am a very frustrated.longterm shareholder and share their concerns. I was a believer in this fiasco for years, but have pretty much lost all faith and have written this disaster off in my mind. This has been one very frustrating experience as an investor in this company. Anyhow, if I

[bailmeout]

Great post player.. all I can think of is this quote below and how it relates to bnc.. BNC is the dismal failure that we all hoped and believed it wasn't..period Just keep averaging down you say...think of this before you do:) Insanity: doing the same thing over and over again and expecting different results. Albert Einstein

[thePlayer]

Bail, good and quite relevant quotes.....  sad.... NoHandle - your style of writing is probably the last remaining part of all this mess that keeps my spirit somewhere above the ground (not to say the same about my hope of any meaningfull recovery of this embarrassment known as "Bioniche".) Great point in fact on our new leader's contribution to Urocidin value creation and/or