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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 CancerSlayeron Jul 14, 2022 10:12pm
202 Views
Post# 34825817

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:60% of the road = 270-days

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:60% of the road = 270-daysI don't see an early JV or buyout happening if TLT is at all interested in maximizing value for themselves or their shareholders.  There's just so much additional potential/value post NMIBC approval.  Considering we can get to ~$1 US post approval (? on this exchange), it would be a low-risk play imo to dilute by ~15% in order to build cash/R&D/commercial reserves & independently move forward with a Ph 1 NSCLC trial (significantly less costly than a Ph 2) with the strong likelihood of getting further clinical validation of this tech.  We would be transforming a single blade pocket knife into a Swiss army...The above funding doesn't take into account the likely grant monies that could follow an NMIBC approval.  Throw in any significant progress made on the vaccine front, the total gains made in company value would significantly offset any shareholder losses from dilution.   Good luck....
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