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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

TELESTA THERAPEUTICS INC > Financing options
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Post by DamnYankees on Mar 14, 2015 10:19am

Financing options

higgsB, if you don't want a share price destructive financing there are other options. What about a short term loan to get them through to an FDA decision? They could use the MCNA platform as collatersl. If it succeeds pay it off  through sales and if it flops than the lender is free to do whatever they want with it. If you are really sure of your chances it beats a weak partnership or selling price. in my opinion there must be some pharma out there willing to loan money on that basis? It sure beats another PP.
Comment by blartar on Mar 14, 2015 11:08am
there's no financial problems we have money to BURN. ( I'm sure they don't work for nothing.) ON  FEB 13  2015  Telesta released this : Telesta also announced today they have engaged Bristol Capital, an internationally focused Investor Relations firm, to lead the company’s efforts to communicate the company’s potential to a broader audience of potential investors, ...more  
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