TELESTA THERAPEUTICS INC T.TST

Consolidation of Shares

[cowdoc447]

Can someone explain consolidation and the impact it may have on present S/H. Tks

[cowdoc447]

Whoops I meant what effect does cons of shares have on stock price. Will the effect washout or Should one sell off shares now and buy back after cons or vise versa

[ragingbull1327]

I think you should sell.   To me

[cowdoc447]

RB - what factual or historical data from other companies etc are u basing your hold opinion on? Tks

[simouuun]

Cow, we would do a r/s from a position of big strength. not weakness (as usually for companies which i.e. use r/s for remaining on the nasdaq). Read more here: https://www.cnbc.com/id/42212417 very interesting...

[DryBones]

There is a flurry of BS going around on consolidation and NASDAQ listing.  Not happening now, or even in the short term.   Maybe never. TST has not announced any such thing  They have stated  on TST sedar filiing that they willl be looking for acquisitions.  This could happen or not happen and is far more likely than even FDA approval After we receive FDA approval

[cowdoc447]

DB - Copy fr Sedar - Shareholders will be asked to vote on a number of regular and special resolutions including a proposal to permit a future share consolidation should such a consolidation be necessary or desirable to permit or facilitate a listing of the Company's common shares on a U.S. exchange.

[DryBones]

Yes, CowDoc, you are correct on that but, it is not yet a policy.  And I maintain my speculation that they will try to acquire before FDA approval or rejection.  Actually, I will narrow my time frame a bit. They will acquire after the Advisory committee meeting, if positive, but before FDA meeting end of February. This way they can get the benefit of possibly an improved