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Theralase Technologies Inc. V.TLT

Alternate Symbol(s):  TLTFF

Healthcare Medical Devices
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

Theralase Technologies Inc.
Bullboard Posts
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(4)
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Comment by abacin8on Aug 17, 2019 9:15am
194 Views
Post# 30039258

RE:Offering extended or closed?

RE:Offering extended or closed?The logical answer is that many people shorted the stock ahead of the settlement of the new issue, which was supposed to be this past Thursday. Millions of shares short have been living on borrowed time. Because the issue didn't close, and has been pushed back a few days, likely many were forced to cover or be subject to a buy-in. You saw some small buy-ins go through yesterday at 0.355 (I think that was the price).
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities