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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 Rumpl3StiltSkinon Feb 13, 2021 10:02am
154 Views
Post# 32561372

RE:RE:RE:RE:Defamation judgment upheld.

RE:RE:RE:RE:Defamation judgment upheld.
Sunvalley wrote:
Furthermore, upon reflection , the $35,000.00 fine might seem paltry but the costs awarded the plainiffs are undoubtly many , many times that . I would hazard a guess that the costs awarded are in the neighborhood of $150,000 -$200,000.00  due to the time and effort expended to obtain the judgement by the plaintiffs. Bare in mind that this is only my best guess.  So , all in all , the guilty parties are going to take a huge monitary hit. "Hit them in the pocketbook" is the true deterrent to future aspiring bashers in my view.


In MBs case I think he probably will just file for bankruptcy. Yet this signals that regulators are watching, and certainly watching this TLT board, probably other TLT boards. Maybe the shorters have moved on due to this, great for us!

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