Theralase Technologies Inc. V.TLT

Alternate Symbol(s): V.TLT.WT | 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 Quattro74on Dec 18, 2019 6:07pm

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Post# 30470398

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

Because that is what they are worth. They have an value, someone below mentioned arbitrage. That is another reason. On the last day they are either exercisable or sellable. I'm guessing the company is obliged to buy them back. Or maybe they are exercisable on the second to last day but have to be sold on the last? Can't remember how it was explained to me.

skier59 wrote: That's interesting, I didn't know that Americans can not exercise the Warrants. Seriously though, if the SP is $5 why would anybody pay $4.65 to purchase a Warrant? Highly unlikely. Maybe $4.
Like I said, it will be an interesting study to follow.

Quattro74 wrote:
Other hurdles I should've mentioned. They make you call them and go over a big disclaimer spiel to get the approval for your international account. Takes about 10m.

Then there are larger costs for each trade, which is why volume and level 2 are critical. ~85$ per trade.

Americans cannot exercise the warrants, only sell them later to the market.

I completely disagree with Skier, The Maximum the warrants will ever trade below the SP is -.35c. Right now they are only trading on their time value, like options this value partly depends on volatility. I think for the next few months they should track between .10-.20c below the common.