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Theralase Technologies Inc. V.TLT

Alternate Symbol(s):  V.TLT.W | 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 baystock1on Aug 20, 2021 4:13pm
251 Views
Post# 33741258

RE:Turnaround Specialist!!

RE:Turnaround Specialist!!Its likely the hiring of this new COO is what prompted Shawn's resignation as he could see the writing on the wall as in he was possibly about to be fired or demoted. Also to be fair to Shawn you get what you pay for and all of Theralase's big money and stock options are going to Roger and his proxy Kristina. While Shawn did have an important role we all know who was the real CEO behind the scenes...just follow the money.

socksnblonds642 wrote: He seems to be a turnaround specialist. Is this to turnaround a division that hasn't made a profit in many years. I doubt it it's just for that. As a turnaround specialist he's come in with a new set of eyes and will change staff, maybe already has. It's going to take time to identify these changes and implement by way of new hire amd then time for the new staff to get going. Should be ready just in time for the trail results a year and half away. All IMO. Could be a transition to a partnership and we take our $2 and find another investment or it's to build a strong team for what they know are good results and the windfall we all want. Time will tell. It's been mentioned here, more news to come that should yield some transparency. Maybe...


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