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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 nemo3on May 26, 2020 11:51am
149 Views
Post# 31073304

RE:Too Soon eh!

RE:Too Soon eh!Yes, TLT is very frustrating. Besides being hammered by the halt of TLT's application to the FDA that took 6 months to iron out, we were also slammed by COVID-19 which caused a temporary cessation of the Phase 2 clinical trial. We don't know when new patients will be brought in and treated.  And seems the patients treated so far may not get the second treatment at 6 months. It may be that all patients treated and making the 1 year mark post treatment might not be completed until 2022. I think the market has spoken that currently there is little confidence in TLT. I think given the way it currently trades, previous thoughts by some that this stock would reach $100 is but an unrealistic dream. I want to see 60 cents and then maybe if things all went well in 2021 or 2022 we could see TLT at a couple of bucks. Because with this delay TLT may well run out of money before the end of the current Ph 2 study and have to do another financing which will create far too many outstanding shares to create the value we are all waiting for. So I will continue to hold and hope that in the next year or so my frustration will be rewarded by at least 10 times the current value. 
Bullboard Posts