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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 woundedkneeon Mar 29, 2022 1:59pm
149 Views
Post# 34556127

RE:RE:RE:Anyone know what our "Cash Position" is at "real time"?

RE:RE:RE:Anyone know what our "Cash Position" is at "real time"?On August 22nd 2019 they raised 17,250.000 at 30 cents offering over 57,500.00 shares. At 1 million burn per quarter they should have close to 7 million left in the bank. They don't and obviously it was more than regular business that the cash was used for. That's not the issue. The issue is how long before one of two things. A take over by a white knight at a decent price(unlikely) or another dilutive cash raise which eventually would force a reverse split. This spent months and months well below the 30cent pp and now it is finally well above that mark. So now is a critical point in time for this company. jmo
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