Theralase Technologies Inc. V.TLT

Are 5.1 million $0.30 May 14, 22 warrants holding down SP?

[ChupacabraBueno]

In the scenario where all warrants are exercised there would be 5.1 million new shares that might be held by parties that would be content with a modest gain in the low to mid thirty cent range. That could potentially be a couple of months worth of shares at average trading volume added to the ask side at those prices. And that could make many potential buyers hesitate to pay much over $0.30 before those warrants expire.

I can think of other reasons for the current SP - inflation, interest rates, world events, etc. But I think it will be very interesting to see how the market responds in the next few days as those $0.30 are taken out of the equation.

[robertshaw]

3.1 million shares, not 5.1

[ChupacabraBueno]

I stand corrected. 5,104,000 units were issued, but only 3,159,000 share purchase warrants issued/outstanding in relation to the issuance of those units.

[DJDawg]

I still find the whole warrant thing a bit foreign to me. However, it makes sense that anyone who would buy would wait a few more days till know that the float is not going to go up by 3.1 m units. Another thought - a lot of those warrant holders may be tlt believers who still believe in the science. If they were factoring the warrant shares in their planning, and those expire, perhaps they will

[Legit62]

The warrants have no intrinsic value to holders at this price, why would they exercise at .30 when they can buy shares lower now, they would have been a good deal when price was up

[Legit62]

If share price stays low until 14th , and the warrants are not  exercised, we have less dilution, but TLT gets less funds in coffer which at this point dont think they are too concerned, IMO

[DJDawg]

Agreed. But if their are TLT believers that factored in that they would have access to a large block of shares May 14, and now don't, wouldn't that mean that the only way to get more shares is via traditional means. So more share demand....maybe? Is that a fair guess?

[skier59]

Those Warrants could also of been used to Short the stock the past many years. As the holders could short the stock whenever we had a run (many times) and use the Warrants as a Hedge to cover their Short position should the stock not drop down. I believe this has been going on for a very long time with this stock.

[ScienceFirst]

Skier59 ... Quite possible. One thing's for sure is that with all this Ph. 2 data so far,  and being a serious Breakthrough designation and Accelerated Approval program candidate, it's now time that we trade to a more realistic valuation.  But for that, we'll have to have more exposure on the US side ands have some finally looking for THE next big thing after the deceiving

[Longholder99]

Unless desperate for money (TLT isnt). Its entirely possible that when these warrants expire Friday at 4pm, it could trigger a buy run with sp.increase on Monday. Who would buy now en masse at .30 wity warrants hanging over our heads. Possibky running us down a few.cents right after the sharecount goes up. Let em die a natural death I say. Lets move fwd and let the weasels who stood on our necks

[Legit62]

Longholder99, agree 100%, our time will come and they will suffer big, holding tight 

[Infinity]

Longholder99, The company will most likely let the 5.1 Million warrant @$.30 expire tomorrow. No share dilution!!. We have another set of 3.15 million warrants @.50 due to expire on 3rd October. I think the share price will stay below $.50 till October 3rd!!

[ScienceFirst]

If they let them expire, they would still be able to offer others later on but this time with an accelerated clause, given that we would have much more data than when the actual ones have been offered 5y ago. Anyway, we have now superior CR% and the FDA indicated us that the Breakthrough status would be a done deal if data keeps being impressive as it was back in August 2021 and that we could

[Infinity]

Never bought TLT warrants. No regrets there. On the Plus side, the next financing if any to raise capital will be at much more favourable terms. Cheap Dilution is avoided, regretably we are still a penny stock!!

[robertshaw]

Share price depends on the pending results of trial data, and vaccine development, I think it's still possible we could see share price over 1 dollar before Oct.

[mkailis]

Call me an idiot but how do you know when your warrants are expiring  mine were purchased in 20 and 21  then there is this    Please be nice  Theralase Announces Warrant Extension - Jan 08, 2021 Published: Jan 08, 2021 TORONTO, ON / ACCESSWIRE / January 8, 2021 / Theralase® Technologies Inc.("Theralase" or "

[chry200030]

It says in the name in the security description..   Theralase Technologies Equity Warrants Exp 22 Aug 2024  |  TSXV :  TLT.WT

[Infinity]

Robertshaw, I am hoping that you are correct..... I think the  share prices should be over $1.00 this week if the prices are not manipulated and based entirely on trial data and vaccine development so far!

[Longholder99]

.50 is better than .30. A lot fewer new shares too if they do let it run. All this just shows me how absolutely the SP is controlled on this stock. Until they cant control it any longer. Hope some of these dumpster dwellers are holding big shorts when it pops. Would love to park out front of the office building to see them walking out with a cardboard box of belongings and a big footprint in the

[mkailis]

Thanks ! Found it I can afford to loose more hair August 22 2024 thanks from the idiot !