Theralase Technologies Inc. V.TLT

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

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. > Dead money

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Comment by skyhawk1on Sep 29, 2020 1:57pm

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Post# 31635936

RE:RE:RE:RE:RE:Dead money

StevenBirch wrote: I understand the strategy and I make no excuses for management but I do not think it boils down to luck. This is about timing and fear of the 'second wave' and Phase II being delayed again and therefore deploying money elsewhere. I do think there are deep pockets accumulating here and would love your 50,000 shares at these prices.

Keeping your core position is smart because we are 'vulnerable' to unexpected good news - for a change. And it doesn't even have to be company specific because we could get positive therapeutic or vaccine news which would mean Phase II stays on track.

Again I do not disagree with the strategy but I do think we are at the absolute bottom, any delay priced in, because we had good volume yesterday and we were down 1/2 cent. I think there are definitely people waiting in the wings to take advantage of the frustrated and I am part of the latter!

Sunvalley wrote:
I am also going to sell 50,000 shares over the next few days and put the money into VPT which seems to have much better prospects at the moment. After 6 years enough is enough. I will keep a core holding just in case Management gets lucky and stumbles into a jackpot of some sort.