RE:Theralase Insider Buying I thought the same thing. Very well expressed Eoganacht. One or more of the biggest catalysts to date may be coming before year end. Lets hope it pans out as in our wildest dreams.
Eoganacht wrote: I've got to say how impressed I am with the participation of Dr. Mandel, Roger and Kristina in the private placement. Dr. Mandel ponied up $25,000 and the Dumoulin-White/Hachey family invested $575,000. This trial is Theralase's double or nothing shake of the dice. If FDA approval of TLD1433 for the treatment of NMIBC is not forthcoming, IMHO, Theralase will no longer be a going concern. All of that money from their own pockets will be gone. These people, like many of the posters on this board, are getting a bit long in the tooth to be hazarding that much money on a gamble that, if it fails, will deprive them of a future source of income. With so much riding on trial results they have chosen not to hedge their bets,
This action betokens a level of confidence in the success of the trial that should warm the hearts of all Theralase investors.