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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 Gustoeson Aug 01, 2017 9:47am
110 Views
Post# 26532755

RE:RE:RE:Spoke to my buddy .....

RE:RE:RE:Spoke to my buddy .....
skier59 wrote: The other thing to consider vestor is that there are a bank of warrants at 38. If the selling is done strategically, each 1 million shares sold could put $380,000 in TLT cash. Each 1 million shares slowly put into the market will also still let the SP rise nicely. Each 1 million warrants that get exercised delays any future PP. So far it seems Roger has done a great job controlling our finances, and the next few months should be very interesting. I really don't think we are in a desperate position for cash.


Can someone clarify warrants:

1. The .38 warrants are done, are they not? April 17 expirey.

2. Only 5 year warrants remain, expire .54 strick, march 2020., correct?

3. Why would anyone excercise these 2020 at this time? I wouldn't. Only two reasons I see is, a) friendly holder helping tlt cashflow b) friendly with their own motives investor group wants to help tlt cashflow until they can get next chunk pp
What other reasons would someone have to execute 2020 warrants?
Bullboard Posts