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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 dardanion Jul 17, 2016 12:28pm
84 Views
Post# 25059821

RE:RE:RE:RE:I was wrong....

RE:RE:RE:RE:I was wrong....Robert Friedland of then Ivanhoe Mines in Mongolia, now Turquoise Hill, used to own 10% of the shares in the company. Everybody said when the stock dropped from $28 to $20 Robert would no way sell. In actual fact he did with a lot of it in the $8 range. No need to elaborate how that effected the share price.  Last I heard he still owns roughly 3%. Never assume anything when it comes to sweet offers made to high ranking execs. If a stink bid was made by a multi national for the majority of TLT shares to then take it private and make Roger the head of it's PDT division, I sure wouldn't bet against Roger accepting it. I've seen it happen too many times in the past where small cap management and BOD's look after number one to doubt that it could happen. I don't believe TLT even has an existing shareholders rights manifesto in place so what does that tell you?
Bullboard Posts