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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 Nov 13, 2023 9:25am
246 Views
Post# 35731641

RE:Hopefully the PP Takes another 9 Days

RE:Hopefully the PP Takes another 9 Days I see this questions about PP keeps coming up.  Just read the fine prints of the LIFE financing.  The answers are all there.  If you still don't get it, here let me help the board out again.  The PP will only close if they get the minimum filled.  That means they are still struggling to get it filled.  The minimum is $3.5 million or 15.9 million shares.  This PP is sold straight to the markets, the public.  That means you need to find people that are willing to buy 15.9 million shares at 0.22 cents.  The stock is trading at 0.18 cents.  Now why would anyone pay 0.22 cents and 19% premium for something that you can buy at 0.18 cents.  Now do you see why they are having a hard time filling the PP when it is suppose to close on Oct 30th.  They have 2 more months to find funds before they completely run out of money.  So this PP have to get filled at all cost.  If they are still struggling to fill the PP, they will have to lower the PP price to make it more attractive, around 0.15 cents / 22 cents warrants.  Anyways just my 0.02 cents.  You never know someone might just come in and fill it @ .22.  Good luck all.
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