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Bullboard - Stock Discussion Forum 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 Discussion

View:
Post by beechguy on Nov 30, 2014 8:56pm

HT

We have close to 16mm in cash once the holdback and receivables are paid to us from Vetrquinol. With 600k burn and 2.5mm for FDA submission (likely much less we are told) we have over 22 months of cash remaining. It is very unlikely we will run out of cash before FDA decision. And yes we all know this is a speculative stock, that is why it trades at .21 and not $21. But thanks for the investment tips. Beech
Comment by HighteawithIntrepid on Dec 01, 2014 9:06am
Unfortunately we are in the penalty box, so I am not counting the 6m until we collect it. I believe  we stay there until we sell the VMC, or get the loan against it foregiven and or we get positive  news from the FDA. I reacted against those that bought recently and believe they know more than the holders from 1999. I don't think we will go lower or much higher until something  ...more  
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