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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 skys1on Feb 22, 2019 10:14am
123 Views
Post# 29399190

RE:RE:RE:RE:what is management plan to finance Phase II

RE:RE:RE:RE:what is management plan to finance Phase IIThanks Macer, that's a great idea you have about the silence on financing Ph 2. "It's the government, STUPID"! It makes sense because that's the way the government does things, can't mention it until it's time to go.. It also explains why they havn't applied to the FDA on Ph 2 yet, just HC. They will start in Canada and let the Canadian government handle it. I remember years back TLT was in discussions with at least one of the provincial governments, maybe the Fed too, so the connections are already established there. One thing you can be sure of. I have followed Roger close for over 5 years now and he plays it extremely "close to the vest" financially. He doesn't spend a penny he can't handle. Coming up with those 7 new positions, 3 of which are senior will cost well over a $ million, and that's not a one time charge, that's annually. Add to that all of a sudden closing down the "shelf" which was assumed to be the way they would finance Ph 2 leads to only one conclusion, they have found a way to finance the future. They just havn't announced it yet, for whatever reason.
Bullboard Posts