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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, radiation, sound and/or drug-activated small molecule compounds, their associated drug formulations and the light systems that activate them, with a primary objective of efficacy and a secondary objective of safety in the destruction of various cancers, bacteria and viruses. It operates through two divisions: the Drug Division and the Device Division. The Drug Division is responsible for the research and development of light-activated small molecules primarily for the treatment of cancer with assistance from the Device Division to develop medical lasers to activate them. The Device Division is responsible for the Company’s medical laser business, which research, develops, manufactures and distributes cool laser therapy (CLT) systems to healthcare practitioners, predominantly for the healing of pain.


TSXV:TLT - Post by User

Bullboard Posts
Comment by 2b7f6fabon Sep 27, 2017 1:41pm
145 Views
Post# 26749209

RE:RE:RE:RE:RE:RE:RE:RE:Base Shelf Prospectus

RE:RE:RE:RE:RE:RE:RE:RE:Base Shelf ProspectusBurn rate plus or minus $500k/mo.  So could have around $1million here at the end of September.  Maybe more of the .375 cent warrants will be exercised soon. 

mjh9413 wrote: Didn't they get near $800K from warrant exercises in Aug to add to June's near $1MM plus $1.3MM receivables against about $500K payables. What is their burn rate per month?


Bullboard Posts