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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

Comment by Scorpio2on Jan 30, 2021 12:05pm
154 Views
Post# 32428341

RE:Reset sell orders...

RE:Reset sell orders...Yajne...from my years of experience with institutional custodial accounts and security lending programs you don,t need to do this on your registered accounts (like RRSP, TFSA etc). The broker dealer is not allowed to lend securities from any registered accounts.

Where they can lend securities without your knowledge is with margin accounts (non-registered accounts) that are only in a cash debit position. If in a credit position, they cannot lend your securities in the non-registered account. So to be safe, just make sure that your non-registered accounts are always in a credit position. If your flipping back and forth from a credit to a debit position from trading, then yes, I would suggest your only remedy to prevent the lending of your securites to someone who wants to borrow them for short selling is to set up a sell trade on the security at a high price (that you want to prevent from being loaned out). In this situation, the broker dealer cannot make that subset of securities available for security lending in their client security lending pool.
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