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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 Mouloukon Aug 03, 2016 10:32am
178 Views
Post# 25106057

ITA and approval from HC

ITA and approval from HCI guess that I need to justify my question (and comment) by saying that I am a shareholder of TLT and I am also hoping to hit a home run with this stock. I listened to the interview of TLT's CEO last Saturday and some other interviews made at Korelin. I also tried to consult the rules on the ITA posted on HC website. I tried to do my best to make up my mind and understand the delays involved and what to expect, but these rules are not the easiest one's that I have read in my life. This being said, I kept coming back to the same questions over and over again with the delays. Is it reasonable to think that we will have an answer within 15 days for a 500+ submission paper, when TLT took about 7 months to answer HC's questions? I was also wondering if after a delay like the one TLT took to answer HC additional information request, it becomes a new submission or it is still continuing a proccess with HC by providing the additional information requested. It seems to me that usually, HC gives the company a delay to answer properly otherwise it is considered a new application. But again, I may be way off track, as the rules are not easy (at least for me) to understand. Moulouk
Bullboard Posts