Theralase Technologies Inc. V.TLT

Anyone know what our "Cash Position" is at "real time"?

[SouthernTierTom]

Bear in mind, it is my opinion only that CV19 has reduced burn due to "limited trial activity" in many of the leading junior bios.

Is this the case for TLT?

Will they indeed need to "top up the kitty" as the program to solved the bladder cancer therapy progresses?

NOBODY ever "coasted into Bethesda on fumes" in ordrer to receive their "stamp of approval"...at least not that I am aware of ...

An "acute story" this "Most read bullboared" subject line..over and over again ...but what about CASH?  Where is the CASH ( aka where is the beef ) ..I like to look from other angles..perhaps less "a-cute"

DO your own due diligence, these internet forums are well...sometimes GRO$$" ; - )

[SouthernTierTom]

I've been looking for a current CASH position as at march 29 2022 I can't find one, likely not available until May 15 or so..I think?? Any thoughts from those that post here as part of a daily routine?  Shirley an important detail, no?? Bear in mind, it is my opinion only that CV19 has reduced burn due to "limited trial activity" in many of the leading junior bios. Is

[socalbob]

All just estimates and guesses from the limited information available.   Estimated current cash position is roughly $3 million. Latest I could find was 9/30/21 financials with $5MM cash.  The cash burn appears to be down to roughly $1 million/quarter.  That would  leave TLT around $3MM at the end of this quarter.    Company should receive $947,000 of proceeds

[aussyspitz]

Thank you for the information I am happy to hear that they have enough funds to last through 2022 obviously that puts more emphasis on the trial data needing to be stellar. Hopefully management is already in parallel talks with big Pharma now for Joint Venture deals I wish they were sitting on a little more cash as it is always better to be negotiating from a position of financial strength rather

[woundedknee]

On August 22nd 2019 they raised 17,250.000 at 30 cents offering over 57,500.00 shares. At 1 million burn per quarter they should have close to 7 million left in the bank. They don't and obviously it was more than regular business that the cash was used for. That's not the issue. The issue is how long before one of two things. A take over by a white knight at a decent price(unlikely) or

[99942Apophis]

Speaking of teamwork, isn't it strange that the same question keeps coming up by southern tom & his reflection wounded brain. Is this in hopes of instilling fear or doubt. Have a good day tom & tom

[jewel9m]

Like clock work, a few times per month. Tom Tom ask the same question as a soft bash. Acting so concerned and always looking for comment and conversations.  As Fake as it gets Tom Tom. Don't reply or entertain Tom Tom.

[StevenBirch]

I have never seen a single positive comment made about this person, STT? Why do people still reference him and why haven't they ignored him? I think those are valid questions otherwise THOSE people should have their motives questioned.

[2b7f6fab]

If we get some more good news release and a stock price at least $1 I'd be happy to exercise my warrants.  That's at least a month of burn. Not too worried about raises or cash burn so long as the news is good.  

[StevenBirch]

Me too and the company is acting like they are not concerned where the next financing comes from.

[floatinketucky]

about 8 months at 375,000 monthly burn rate

[SouthernTierTom]

Thanks fake Kentuckyguy. 375k cad burning is a result of stunted covid recruitment. Imho of course. Full blown FDA trials cost 10s of millions and often 100s of millions through to approval. I suggest researching the subject. I enjoy your commitment to the bullboard though. Shows just how involved you are. Best to you Bluegrassboy!

[greaterfoolFred]

Well I don't know much about his recent activity because I have him on ignore, but I will make one solitary positive statement.  I am invested in Theralase because STT, under another name, (sponge or pants or squares were involved in his past names) used to mention this company on the Bioniche board.  Bioniche ended badly, but I am sure that Theralase will end well.  Thanks STT.