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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 bartlmanon May 10, 2018 11:59pm
161 Views
Post# 28016204

RE:RE:PP

RE:RE:PPYes, you'd be quite correct there bj. But, no, the raise is $1 million and it sounds like it may have even been oversubscribed. Minimum investment was $10k. But, the net worth of the individual investor had to be $5 million. Not sure whether that is a stipulation of the securities commission or just a standard established by Theralase. In any event, I did get added to the mailing list and was told by the gal that I spoke with that any further raises, should they be required, would be brokered placements. I see the entire situation as being very positive.
Bullboard Posts