Post by
Quattro74 on Aug 10, 2020 10:39am
On the bright side?!?....
This screw up by researchers/docs/PIs has totally flattened SP. How is that good? The company can use this opportunity to buy enough cheap shares to avoid a future financing. That is IF you/they(TLT) believe(s) the Docs, researchers, PIs will straighten this out, or that TLT's Laser Div will roll out CLT cancer pre-treatment product, or maybe that Roswell Park will show solid results from their 1433 Phase 1. :-|
Comment by
langosta1 on Aug 10, 2020 10:49am
Lots of ifs and maybes there.
Comment by
Quattro74 on Aug 10, 2020 12:03pm
Lol, true there. We are all on the outside looking in. IF it were my company and I knew that good things were coming up, I might, if allowed, buy $1Mil in combination of shares/warrants for say .10c Canadian. See what the market brings in the coming 6-8 months. TLT has how many $Millions just sitting in the bank right now waiting out the Covid 19 pandemic?
Comment by
StevenBirch on Aug 10, 2020 10:56am
Management could allay all fears by saying SOMETHING. You are right Quattro there is a lot of good stuff going on but are they trying to scare some people out of their shares? It wouldn't take much to add some colour to the results or do we have to wait another month and a half until the AGM?
Comment by
jojomarch on Aug 10, 2020 11:57am
How can the company buying cheap shares on the open market help us avoid a future financing ? Please explain
Comment by
Jaro1977 on Aug 10, 2020 12:03pm
upping the buy price to increase the sp. .17.5, .18, .185 but they don't have the money to do this not probably capital lines of credit to access
Comment by
Quattro74 on Aug 10, 2020 12:50pm
Nope Jaro, I was just thinkin' buy low, sell high, after some solid data/news/etc comes in. I have no idea if they are even allowed to do this with the funds the have set aside for the Phase 2. Buy $1Mill worth of shares/warrants at ~ .10c Sell above $1 somewhere. Have the money you need to commercialize, do a second phase 1, etc.