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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.


TSXV:TLT - Post by User

Theralase Technologies Inc. > Could be ugly tomorrow........
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Comment by InvestorRightson Mar 05, 2023 8:17pm
150 Views
Post# 35320401

RE:Could be ugly tomorrow........

RE:Could be ugly tomorrow........From a post on CEO.ca: They definitely need cash asap. My rough calcs assume they run out of cash this month. The hope was BTD could have catalyzed the share price and enable less dilution but it seems likely this weakness is due to an immediate need to shore up another 6 months of operations (another 10M shs at .25?).
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