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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
Post by realtyon Jul 30, 2020 12:39pm
251 Views
Post# 31344507

25% Success Rate?

25% Success Rate?25% Success Rate is not good.  Yes, there is potential to get to 60% plus, but as it stands right now TLTFF is at 25%.  The mistakes have put them a year behind.  Investors are leaving because this is dead money for a year, as new patients will not even be started to be taken in until at least 2021 and maybe even further out.  If you want to hold dead money for a long while with a slow degrade in share price, well this is the stock to own.  You wont see new patient results until next July 2021 at the earliest.  Glad I sold down to 25% of my shares to invest elsewhere, which was still 55,000 shares.  I knew this was just like a mining stock failing to release drill results because the results were bad...  How many investors want to invest in a company with bad management as well?  Not many...  Its usually a losing situation in penny stocks.  Realty
Bullboard Posts