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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 ScienceFirston Aug 30, 2023 7:34am
234 Views
Post# 35611406

RE:RE:RE:RE:RE:RE:RE:Interim Data...

RE:RE:RE:RE:RE:RE:RE:Interim Data...

Infinity ... I think you have a lot confused.

A jv doesn't give control of the company to the big pharma.  Only rights to the drug, for a specific indication, as per the jv contract.  Big difference and basic concept that we should have understood.

By the way, it is TLT that has decided to seek interest of big pharmas for a jv.  So Roger is not trying to withhold anything here.  He's ok with that.  Otherwise he wouldn't have been named CEO 3 weeks after the Board decision to hire Dr. Lliaba with a mandate to seek a jv.   So I don't know why you don't even master the order of these 2 events and what they mean (everybody is aligned on the same jv objective)

And I don't know why he wouldn't as it would mark a key milestone over his 15y of hard work by making his innovation becoming a reality, by finally attracting a big pharma.  And his 10M+ shares would immediately benefit of such valuation.  

So there's no plot theories here.  Just you having a strange reading on what TLT is executing on and that was clearly announced and that is in the normal scheme of things, at this stage, for any biotech.

 


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RE:RE:RE:RE:RE:RE:Interim Data...
Socks and blonds and other pumpers like sci fart may feel that ONE man show is better than a JV and that the market has valued the stock at less than 30 cents is the correct valuation for the company based on the clinical data so far.  He or She or it or they may have their own their reasons that defies all Logic for simply extending all deadlines.  Today's News report will prop the stock price for sometime till RDW decides on a next PP at 25 cents which will bring the market price down.  Is this truly better than a JV and RDW losing control of the company to a JV partner who will ultimately be accountable to the share holders?
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