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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 Infinityon Oct 17, 2021 5:33am
178 Views
Post# 34014653

RE:RE:curious about the exchanges

RE:RE:curious about the exchangesAgree with you Big K57,  a reverse split at this stage would completely disasterous to the selling price.  Had a small investment in a canadian canabis company  FSD Pharma  ticker HUGE that went through a reverse split so that they can uplist to the NASDAQ that resulted in substantial losses.  The selling price never recovered and ultimately the CEO who decided on the uplisting got fired.  I was not one of the lucky ones that got out before the reverse split, but my exposure was limited....
DJDAWG raised a very valid question.  I only hope that Theralase does not fall into this trap of a reverse split in order to up-list to NASDAQ.  My reasoning is based on the fact that the insiders have a much bigger stake than I do.    In the event of a reverse split the insiders would lose the most!! 
I know there are many other stockhouse members who are holding substantial stakes in TLT can someone share their beliefs and knowledge on a reverse split please?
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