RE:4 million for the till Just to be clear for the newbies to this SH site, Theralase the company did not receive a dime from the federal grant and actually contributed its services to those researchers who btw don't work exclusively for TLT. As for the closing of the Shelf Prospectus, the announcement was made on Sedar by the OSC with no clarification given by Theralase in the 3 months that have passed why the action was taken.
All kinds of warrant cashing figures have been thrown around on this board. I suggest we wait for the MD&A which will upon us soon for the official numbers. SH posters have been wrong in the past. The bottom line is how much money is needed to fulfill their phase 2 obligations along with having enough cash to pay for the day to day expenses of 2 divisions. This will be the first chance to see the new CEOs in action. Let's see how they handle themselves.