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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 Infinityon May 02, 2023 6:17pm
186 Views
Post# 35426258

RE:RE:Sure would be nice

RE:RE:Sure would be niceWe have seen multiple changes in the Senior Management in the last 3 or 4 years since RDW was penalised by OSC and agreed to a settlement.  I get it that our Interim CEO is currently doing two jobs.  I think it is time to gain some credibility with the investors.  Bring in more qualifed Board of Directors who have the right experience to guide this company  and to make the Managers accuntable to the board instead of Managers running the show with a namesake board of Directors with no real authority.

Try and off-load the image of Mom and Pop show between Roger and Christina running the show.  I understand that between the two they have substantial personal investments in this company.  However,  the question of conflict of interest pops up frequently, on weather the company is managed by professional Managers or by the Majority stock holding family.  It would be nice if they could find a way to eliminate this conflict and bring in professional Managers to run the operations of the company and simply remain on the board of Directors. However, I truly believe the status quo will continue.  In the event there is an offer on the table for an outright buyout,  I would be incined to vote in favour of accepting the best offer...
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