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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 Mikee3003on Nov 18, 2023 10:50am
187 Views
Post# 35742539

RE:RE:RE:RE:RE:RE:RE:Financing to close Nov 20

RE:RE:RE:RE:RE:RE:RE:Financing to close Nov 20Steven - you really think they could do a deal right now but in the long run it is better for shareholders to keeping doing small PP's......LOL!!! I beg to differ, going BK is NOTbetter for the shareholders!

Don't tell me that there is no way BK could happen! Brings back memories of Oilexco. This was at one time a darling of the TSX, at least 8 analysts had recommended it but then they got into a cashflow issue and the CEO was to cocky and refused to make a deal (with the devil) for interim financing thinking that a better deal would soon show up. Well you guessed it, that deal never did come to fruition and they ended up going under.

Unfortunately right now the market is saying that this is an extremly risking investment. The risk/reward scale is heavily tilted to the risk side. How many more small PP's are feasible? Judging by this last raise attempt it does not look good!
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