Theralase Technologies Inc. V.TLT

RE:RE:RE:Opportunity to add more

[CancerSlayer]

Eoganacht wrote: My guess, (and that of many others), is they received some sort of assurances from the FDA and/or a big pharma. 

Last September Dr. Mandel bought 100,000 shares for $25,000 and the Dumoulin-White/Hachey family bought 2,711,000 more shares for $677,750. all with their own money. I think this is the first time Dr. Mandel bought shares.

One might speculate that the granting of 25 cent options in November is one last insider trip to the trough while there's still time:

John Anderson - 1,2500,000

Randall Bruder - 1,000,000

Roger Dumoilin-White - 1,500,000

Kristina Hachey - 1,500,000

Arkady Mandel - 1,500,000.

 

Per that recent BT article, Dr. Mandel seemed very confident in his tone & timelines.  The reported plans to add up to an additional 9 clinical trial sites in 2023 seems to be a lofty goal w/o some prior assurances made.  I understand we are at the tail end of a pandemic, but initiating & manintaining this number of sites through study completion generally requires a significant amount of time/funding/coordination (even with the assistance of a CRO).  

Dr. Mandel's 9/2022 purchase of shares is certainly a show of confidence & a strong signal that he is willing to put his mouth where his money is ; ).   All imo.