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. > There are probably many hoping that--

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Comment by Rumpl3StiltSkinon Dec 06, 2021 12:09pm

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Post# 34202459

RE:RE:RE:There are probably many hoping that--

Hey Scorp,

Good plan. At least for these last cohort of warrants they are freely tradable. So no need to exercise. For a US dude like me that owns warrants selling is my only option.

Scorpio2 wrote: If you look at the last high, it was at 0.33 so I figured one better be buying at about 0.34 cause that's where the support will be and that appears to be the low for today so far.

I have been sitting on a ton of warrants and they are now trading above the exercise price of 0.35 so this is where the leverage will kick in. I am sure that there are many others like me and from a risk perpsective, I sold all my hundreds of thousands of common stock about a year or two ago but still wanted to retain some upside but at a lower cost. If you remember those times there was a real feeling that the common stock might just go "poof" for one reason or another. By choosing the warrants over the common stock, I effectively halved any potential loss of my original capital if things were to go south.

Now that we are in much better times, my only concern now has been to have the funds in place to exercise my warrants (when I want to) without having to sell other great positions that I want to retain till they come to fruition. So what I did today was to buy enough common stock (about 60,000 shares) at current prices of 0.35 cause once TLT trades at about $1 (in the not too distant future), I will then have enough free funds to exercise my warrants easily and quickly. I do not want to be fighting with institutional level buying of the common once they and other big fish start to place their bets. We know that's going to happen sometime between now and about the end of Feb when the next newsletter is issued.

So for all of you warrant holders, just get enough common shares now so you can sell them later (at higher prices) to finance the exercise price of your warrant position. That's what I've done and I can just sit back now and watch the show without having to liquidate my other portfolio exposures later on and destroy my diversification.

Good luck all.