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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 CancerSlayeron Jan 06, 2023 7:44pm
255 Views
Post# 35208198

RE:RE:RE:RE:RE:RE:RE:RE:January 9th warrants

RE:RE:RE:RE:RE:RE:RE:RE:January 9th warrants

toade1313 wrote: And whenever someone asks why with all the things going for TLT do we still see the SP in these low ranges, IMHO I simply say look at all the warrant extensions. Why buy the regular shares especially when we see the delution from the extensions? Not extending the warrant, in my mind, is like a share buyback. Fewer shares out there. And I agree with those that say it will be quite awhile before they get excercised and money flows into the company. Am I still bullish on the prospects for the company? Of course I am. I'm just not bullish on how managements is handling the warrants. Full disclosure I do not own any warrants. Off topic a bit, I do not IMHO believe management keeps earning options each year. They should be rewarded WHEN the SP justifies it. Off my soap box now. 

 

As a non warrant holder, such dilution is certainly never favorable in the short term.  But since we are here for the longer term, such dilution will be more than offset by future value...all imo.  Are multiple extensions necessary? I believe not, but then again, I never took the initial risk....I don't mind reasonable dilution for those who took risk on my behalf (so to speak).  The strike price & 1 yr extension for the defined number of warrants is not extraordinary or super unreasonable, & it will ultimately mean very little for us non warrant holders in the long term.  Once we find a healthy partner (hoping in next 12 months), this discussion should only be a brief afterthought (at most)...All imo. Good luck....

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