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 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.

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Theralase Technologies Inc. > Need to also focus on financials

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Comment by Yajneon Nov 29, 2021 10:17pm

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Post# 34178449

RE:Need to also focus on financials

P.S. and it appears to me the monthly 'burn rate' is ~$325k/mo suggesting we still have a bit of runway left on cash. Does this look right to the financial guru's on this board?

Yajne wrote: As I see it, almost $5mil cash and equivalents as at Sept.30, with about $27mil in warrants O/S. About $7mil worth expires in more or less one year+ and the balance expiring sometime in 2024. Please correct me if I didn't see the cash and warrant picture correctly.

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