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Theralase Technologies Inc. V.TLT

Alternate Symbol(s):  TLTFF

Theralase Technologies Inc. is a Canada-based clinical-stage pharmaceutical company. The Company is engaged in the research and development of light activated compounds and their associated drug formulations. The Company operates through two divisions: Anti-Cancer Therapy (ACT) and Cool Laser Therapy (CLT). The Anti-Cancer Therapy division develops patented, and patent pending drugs, called Photo Dynamic Compounds (PDCs) and activates them with patent pending laser technology to destroy specifically targeted cancers, bacteria and viruses. The CLT division is responsible for the Company’s medical laser business. The Cool Laser Therapy division designs, develops, manufactures and markets super-pulsed laser technology indicated for the healing of chronic knee pain. The technology has been used off-label for healing numerous nerve, muscle and joint conditions. The Company develops products both internally and using the assistance of specialist external resources.


TSXV:TLT - Post by User

Bullboard Posts
Post by mamothon Jan 06, 2015 10:04am
201 Views
Post# 23289152

Financing?

Financing?I suspect that the recent stock action may be the precurser to a financing.  The company has more recently been better at meeting its milestones.  It has strengthened its technical team.  The shelf prospectus was put in place and the additional funds are needed.  What we may be seeing is the financiers jocking for the price level that they are comfortable with (i.e. lower)- and yes, they may be selling and shorting.  Hopefully this has caught the attention of some groups that bring more than money to the table and can assist in the promotion and marketing of the stock going forward. Things seem to be coming together and this could be a banner year.
Bullboard Posts