Theralase Technologies Inc. V.TLT

Alternate Symbol(s): V.TLT.W | TLTFF

Healthcare Medical Devices

Theralase Technologies Inc. is a Canada-based clinical-stage pharmaceutical company. The Company is engaged in the research and development of light activated compounds and their associated drug formulations. The Company operates through two divisions: Anti-Cancer Therapy (ACT) and Cool Laser Therapy (CLT). The Anti-Cancer Therapy division develops patented, and patent pending drugs, called Photo Dynamic Compounds (PDCs) and activates them with patent pending laser technology to destroy specifically targeted cancers, bacteria and viruses. The CLT division is responsible for the Company’s medical laser business. The Cool Laser Therapy division designs, develops, manufactures and markets super-pulsed laser technology indicated for the healing of chronic knee pain. The technology has been used off-label for healing numerous nerve, muscle and joint conditions. The Company develops products both internally and using the assistance of specialist external resources.

TSXV:TLT - Post by User

Theralase Technologies Inc.

Bullboard Posts

Comment by z_investoron Dec 18, 2019 12:46pm

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Post# 30468804

RE:RE:RE:Common vs Warrants.....

Why not simply own both?

I made money on the first warrant run up and flipped them into shares. Then purchased some warrants on the 12 cent retrace. I have an 85/15 split. I think of the warrants as sweetners :)

skier59 wrote: That's great, you only need $70,000 to convert them into Common. If, your intention is to unload warrants to get the cash to convert into Common you will probably have a nasty surprise. There will never be enough support on the bid, so you had better be able to get the cash somewhere else. That is basically the message I'm trying to demonstrate. Also as time flies by, if the SP fails to rise substantially the risk factor grows on the warrants, and their value starts to drop. Hey I've been here almost 6 years and the SP is exactly where it was when I bought my first shares. Atleast I was smart enough to play trading games and grew my position through strategic trades, but the fact remains, this whole process has taken alot longer than we all thought, hopefully it will go much faster moving forward.

BTW there has to be an incentive for buyers to purchase Warrants, so I disagree that they will be trading at $1.65 when the SP is $2. The way Markets are volatile there will generally be a discount greater than the 35 cent spread. But as I mentioned before we will only see how this plays as time goes.

Dreimer200 wrote: Skier59:

Of course the spread will – over time -- increase closer to 35 cents. The “knucklehead factor” – unloading at market – may make the spread larger – but that will be temporary because of arbitrage.

I agree that buyers of warrants are optimists – they are hoping for share prices over $2.

If the share price is at $2 – the warrant will be at least in the neighbourhood of $1.65 – at which point you will be grateful that you own 200,000 warrants rather than 100,000 shares.