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Theralase Technologies Inc. V.TLT

Alternate Symbol(s):  TLTFF | V.TLT.W

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 Lesalpes29on Oct 05, 2022 6:15am
147 Views
Post# 35005990

RE:The 2nd PP

RE:The 2nd PP
Oilminerdeluxe wrote: Any thoughts on the 2nd PP? Shouldn't the first one "be enough" to cover costs until a financing can be made at much, much higher levels? I mean, if you are offered money, you take it, but I wonder still. Could the phase II be dragging on further than expected and that's why? Or are the supposed new ativities mentioned in the pr that costly that a 2nd one was needed? I am not against them taking every cent they can, I am just thinking out loud. Which of course is not my strong side.

Or is my feeble mind just overthinking things?
I think they could have wait for a ´possible’ better SP to do it. But possible doesn’t Mean it will happen! 
They played safe and take the money and use it shortly. Hope it’s the last one at this low price. Will keep my other thinking for me!
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