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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
Comment by Goodspeculatioron Feb 25, 2015 6:19pm
153 Views
Post# 23465640

RE:this financing

RE:this financingI think once nvestors digest what has happened they will  realise that the sharp decline in the share price was not some kind of failure in the Company's objectives,

. Nothing has changed other than we have increased the shares outstanding by around 20% .

The actual operations of the Company continue to grow with many different uses for potential  cures for cancer  plus the increase in Sales that is expected with the core business. 

The shares outstanding even with the 20% dilution will mean nothing if the Company is successful  in finding cures for cancer......so at 40 cents a share and the plans that the Company has in place for 2015 , the excitement is still there and lets see what develops over the coming weeks and months.

But I have to agree I did not like the Company coming out with positive news when they had or were reaching an agreement for financing at 44cents a share.......not what any of us would have expected.

GLTA
Bullboard Posts