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. > Money slowly trickle in...

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Comment by wildbird1on Oct 29, 2023 7:25am

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Post# 35706117

RE:RE:Money slowly trickle in...

Thank's Benedictus for the clarification, I appreciate when somebody take the time to read my posts and correct my mistakes.
At least now I know were these extra shares came from.

Benedictus wrote:
wildbird1 wrote: A few days ago TLT had 216 million shares out.
Today TLT has 223 million shares out(7 million more).

Depending on the value of the warrants being exercised, TLT could have a few hundred thousand $ more in the bank.

Not much but....

Wildbird, sedar financials show the share count went from 216.5M at end of Q1 to 221.3M at end of Q2 due to the 4.8M share issuance on 6/30. With the Sept 8th issuance of 1.8M shares, the current share count stands at 223.1M , which will increase soon based on forthcoming details of the closing. Also, it's worth noting 3.1M warrants expired a few weeks ago and another 4.1M warrants will very likely expire on January 9th.