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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 > Is anything in the works?
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Post by rusty4998 on Jul 08, 2016 3:20pm

Is anything in the works?

Or is management just sitting around collecting checks and milking the company for all its worth before it goes bankrupt?  They should be working on enhancing shareholder value.  I'm really getting disgusted with this bunch.
Comment by pennylane101 on Jul 08, 2016 4:11pm
It's been two months since the last news release and there was talk of ongoing negotiations which had to be kept confidential--but still it does seem excessive.  How long are these negotiations supposed to take?  I'm getting a bad feeling about this---although my bad feelings about certain stocks in the past have turned out to be the complete opposite.    Maybe this is ...more  
Comment by rusty4998 on Jul 08, 2016 4:47pm
I can't tell you how many stocks I've had where shareholders have said the company must be in a quiet period because a deal is coming.   Then guess what, no deal ever comes.  I hope you're right and there is a deal coming or some other positive news and this isn't a case of shareholders being dangled the ever non-obtainable carrot in order for the employees to keep ...more  
Comment by TigerDawn on Jul 09, 2016 12:02am
The consensus I am getting a feeling for is the company has until end of August, beginning of Sept then the shareholder activism will be getting started for the AGM in November.  At which time the management will have had 10 months to do something (from Feb) besides watch paint dry. Shareholder activism is pointing to immediate payout of cash and liquidation of assets.  So 12-15 cents a ...more  
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