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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

Post by Sunvalleyon Oct 18, 2020 9:22pm
212 Views
Post# 31737039

It seems to me....

It seems to me....
....that this Company is being used by certain individuals as their own little piggy bank. What happens when they go once again to the trough to raise money , which is a certainty judging be their past behavior. I still hold a position even tho I have liquidated quite a chunk , and I am in a quandry about what to do next. Who is going to participate in the next raise given their performance to date?. Their outlook seemed so promising a while ago , but now they appear to have squandered the future of their investors in return for private gain of the Management. The longer things drag out is of no consequence to the officers as their overblown paycheques keep on being paid regardless. What are the odds of them voting themselves pay raises yet again next year? Quite good I would guess. I used to have the highest regard for RW but not any more I am sorry to say. 
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