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Theralase Technologies Inc. V.TLT

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

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

Comment by goldn1on Aug 12, 2020 10:05pm
227 Views
Post# 31401292

RE:RE:RE:RE:Is everyone serious about running out of money? TLT raised

RE:RE:RE:RE:Is everyone serious about running out of money? TLT raised
longjolder9: My comment about the burn rate is just based on increased expenses compared to how much they burned in the pas when they were not in trials. At some point, the will have to do another raise as the company has only lost money for the pat 20+/- years. The only questions is @ what price will the raise b and how much dilution. Maybe in missed something big, but all I saw in the announcement is they were going to start enrolling again and doing the second treatment, nothing we did not expect. I actually thought since we never got their quarterly repost they would mention something about their compound being used at Roswell. If they own the rights to TLD the way we think they do, this is material information, imo... G1
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