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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 consultant99on Aug 08, 2017 2:09pm
145 Views
Post# 26557269

Convertible Debentures

Convertible Debentures Wouldn't it be great if the company could/would issue convertable debentures as a means of raising cash for the upcoming clinical trials?

I think I would be interested in a 3 year debenture with any 8% annual coupon (payable at the end of three years) with the right to convert (anytime) the principal and interest into stock at say $0.65/share.

Available in $500 or $1,000 minimums the current shareholder base might be large enough to raise $5 million or more and any dilution that occurs would be an above market prices not below.
Bullboard Posts