TELESTA THERAPEUTICS INC T.TST

FDA approval numbers.

[beechguy]

I know this has been a total shite show up to this point, however when FDA approves MCNA (IMVYON) our share price will be well over $3 a share not over $1 as you suggest. 3 weeks till successful submission, 4 weeks till US partnership. No financing. Book it Yankee. I know you own a lot of shares and are jaded by the frequent miss steps of our previous regime, but aside from a lousy financing the new crew haven't let us down yet. I suspect they won't either. In 1 month we will have 40mm in cash and primed for a real run up. Mark your calendar!! Beech

[DamnYankees]

BG, I have changed my opinion on that the $1.00 target a while back. I don't think MCNA will be a Telesta property when the FDA gives the go ahead. But I am not sure why it is that you think they need to raise 40 mil? I think that doubling the float is idiotic. 6 months cash is fine. Why give them enough to stall and delay for another 3 years.

[ragingbull1327]

Most people should realize that $1 per share = roughly $170 million, which represents a value of neither here nor there.   So a guess of $1 is as arbitrary as a stock price of $100.    It's meaningless.   I think your $3 target is also low, unless they offer 100 million new shares to the market.  they discover this treatment, fight like H to get it approved, will do

[ragingbull1327]

If they don't dilute this beast any further, I'll guess $5.20 a share.   885 mil.   Even 885 mil seems like chump change when you see 5.5 billion naive dollars still in Blackberry

[ragingbull1327]

885 Canadian $.   Minimum.   Or they need a new agent.   I thought 1 billion was the new one million anyways.  Only in the USA, would a company pay 19 billion for WhatsApp, but try and scrounge together pesos to get behind an anti cancer treatment for as cheap as possible....

[loveshackdave]

You should be hoping for a financing beech, it will dilute shareholder value far less than a partnership will. They don't need $40mil to make it to approval and you better believe they will pay through the nose for it in a partnership.

[DamnYankees]

LSD, you strike me as someone who will spend his entire career arriving 5 minutes late for the subway. What aren't you getting about Telesta? Absolutely no one, outside of a few retail holders, takes the company or its BLA submission seriously. what a financing does is cement the the failure of TST in the minds of those on the sidelines, where a partner adds something they sorely lack

[ragingbull1327]

So you think they get thru 2008/2009 and then fail now?   That's an interesting perspective.   ;)