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. > $2.00 in 2 weeks

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Comment by Quattro74on Jul 27, 2020 11:50am

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RE:RE:RE:RE:RE:$2.00 in 2 weeks

Yep

;-)

Bunge wrote:

Pandora wrote:

vestor111 wrote: I have seen a number of reverse splits and they do work IF done for the right reasons and timed carefully. (Of course people need to realize the Cap Val of the company doesn't change in the process, the price rises portional to the share cut.)

The number one best reason for a reverse is to uplist around good news (before, during or just after the uplisting.) Exposure to NYC exchanges is critical but also costly in many ways...another timing consideration.

Good example might be BriaCell(BCT). Their gung ho CEO did a 1 for 300 consolidation from 4 cents to $12. My 30,000 shares went to 100 shares. It did initially jump on the thought of Nasdaq but they had no big news item to coincide with it and although the split happened on January 2nd they are still not on Nasdaq. In the meantime the sp is back to just under $6 (2 cents).

Having only 100 shares I bailed at $19 (about 6 cents equivalent) early on although my acb was more like 30c equivalent.

Bunge knows this one. Probably not a fan of consolidation. Maybe there is good timing. This CEO was really confident.

1 for 300 was ridiculous.

CEO put in $1M of his own money @ 25 cents ($75) so think he had best intentions.

But no, not a stellar move as of today for sure imho.

And, yes if you're going to do it have everything set up and ready to go for uplisting and a WHACK of positive news ready to release.