Theralase Technologies Inc. V.TLT

Theralase Announces Warrant Extension

[Jaro1977]

Theralase Announces Warrant Extension @accesswire/theralase-announces-warrant-extension-e9f1b

[enriquesuave]

I guessed right this week. Like I said that means No dilution like some were calling.  It's obvious they have enough cash to get us thru to next data point and or other significant news, at which point extra cash will come from excercised of 30 and 50 cent warrants and no need for further dilution. Should have enough cash for all of PH2 and 1 or 2 PH1 trials. All IMo 

[StevenBirch]

That was a good call.

[anabelsi]

Your prediction was on point, thanks Enriquesuave.

[Hankerchief]

Wouldn't the share price have to be over 30 and 50 cents in order to stimulate exercising the warrants?  Who would exercise them at 15 cents?

[enriquesuave]

Yes of course, they have to be over the excercise price.  This to me means that they expect SP to be higher and to get them excercised eventually without the need to do another raise at 25% discount to SP and another set of warrants.  All IMO. If we hit Mackie SP target of 70-90 cents, then they should get excercised and bring in over $10 Million and no need for another round of dilution

[anabelsi]

Management probably expects the stock price to recover once more data comes out of the study - that would be my guess, or else they would not have extended the warrants.

[CAinPlap]

I'd like to get excited about my .50 warrants being extended but then I remember I have more at  .30 to get to first. Would love to fast forward 6 months to see where things are at by then.