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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 newdaydawningon Jan 16, 2019 11:17pm
115 Views
Post# 29243622

RE:RE:Why are Roger and Kristina upping their stakes?

RE:RE:Why are Roger and Kristina upping their stakes?Quattro, thanks for your response. The Jan 9 news release regarding the $1.4M money raise is a bit misleading. It refers to a previously announced PP - the $1.1M raise which closed on Oct 3.

Correct me if I'm wrong, but that means they raised $300K in 3 months. That kind of coin falls well short of what they need.

Quattro74 wrote: NDD, TLT did just announce a small closed pp a few days back. This one was done through brokers, unlike the last one. I think they will continue to roll out these small pps as needed until they get that needed partner $$ or the first phase 2 data comes in. Which will of course lead to that much needed partner $$$. So I think we're good just have to be patient.


Bullboard Posts