Theralase Technologies Inc. V.TLT

I don't understand why...

[gojotv!]

...the company won't inform shareholders about the BTD (and possible AA) application with the FDA. IR refuses to say if it's even been filed.
They claim it's not "material", but as far as I can see, the share price right now entirely hinges on this news... Are shareholders not entitled to know if stated timelines are being respected? Or if there's a hold up - why?
I just don't like when companies give their shareholders the radio silence. It's never good.
Crossing my fingers I'm wrong... 
GLTA real investors!

[Longholder99]

If they applied it isn't meaningful frankly as until it's approved the company is no further ahead.  If they announced said application the market would likely respond as it has. Based on ability to generate revenue which will not change until the game changing cancer treatment we have all invested in can be sold to consumers.  Like any other business. 

[plantrader]

You and me both. IMO typically in the world of microcaps silence is not a good thing. It often means the company prefers to conceal missteps and/or delays. I'm not saying that's the case with Theralase, but the company knows full-well that they are way behind schedule for lots of obvious reasons so a little bit of extra/pointed communication would be nice. We're stuck waiting either

[Eoganacht]

We've had "radio silence" numerous time over the years with Theralase. Occasionally there's bad news, but 9 times out of 10 it's all good. Big picture? Theralase has got this.

[ScienceFirst]

Still some insecures, as always? TLT did what it had to do; reach that 25 patients milestone.  Present to ASCO-GU, and already registered for AUA and published its plan on Jan. 3rd to show what's coming up, mentioned they are engaging into jv discussions with big pharmas in 2023/2024 and still, it's not enough for some!!! TLT management has more incentives than any of us to make it

[99942Apophis]

Applying for BTD isn't material gojotv however whats worrisome is because of the run on banks some shareholders are selling which could be the wrong move. Since we are in a prime time slot for news those shareholders that sold playing safe might be the worst decision. Should BTD come through in our current time slot the market will put the share value out 6 to 12 months which will not only