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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 BudFoxx2020on Oct 27, 2023 1:37pm
182 Views
Post# 35704491

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:New Press Release - Theralase(R) Announces Brokered LIFE Financing

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:New Press Release - Theralase(R) Announces Brokered LIFE FinancingThe clowns are always buying, always.  No matter what price, they are always buying.  Once again start talking about billions and billions to distract.  Always the same chatter among each promoters and pumptards.  Anyways, here is my last opinion on this financing.  This financing is the last attempt to try and get as much money out of the markets, out of new investors and fellow long shareholders to try and keep the trial going, before the money completely runs dry.  What ever they get out of this financing, the money first will be used to pay operation cost, the salary, the bills and the debts.  Management and staff needs to get paid, they are not doing this for free.  What ever remains will be for trials, that is just how it is.  At this point in time, these little dilution will never be enough to keep the trial going, when every other month they have to dilute and beg for money.  The previous PPs were backed by bigger investors and they have finally raised the white flags after many years of delays and waiting.  This financing is being sold straight to the markets, to your average joes and mom and pops with a free warrant. RCC will make a killing out of selling these new 16 to 24 million worth of papers to the public.  Management will get their salary.  Promoters gets free shares to sell.  Only one that loses are long TLT shareholders or new TLT shareholders.  Hence why I keep saying RCC will suck the last dollars out of this.  Cost of doing business.   I am just curious how much of this, RCC can push to the markets.  You will find out in just a few days.  Good luck everyone.  I am impressed that TLT was able to keep this going for this long on a shoe string budget.  But the endless delays and delays is fianally coming around.  They need money and a big backer to keep going and so far they haven't found one.  Now they are doing LIFE financing.  Do you think investors will plunk more money in a few months when they have to go looking for cash again.  I really hope it works out but without new solid backers or partners, it is almost the end of the road.  Hopefully someone comes in and atleast make an offer so some of the shareholders can get some of their money back.  But knowing the markets it is always the shareholders that loses.  That is just how it is with any company and not just TLT.   Just my 0.02 cents.  At the end of the day I really hope some of these promoters are held responsible.  The board knows exactly who these promoters are.  But as usual nothing will happen, the promoters, these leeches will just move on to another small cap company.  Some have already done so.   Have a great weekend all.   
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