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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

Post by DJDawgon Jan 26, 2024 3:22pm
304 Views
Post# 35847711

catalysts

catalystsSo the new article suggests BTD now q2. How frustrating.

So what happens with share price for the time being.

Factors
- most of us don't have that much extra cash to buy anymore than we have already so there is not likely going to be a rise from that buying
- there is thought to be another PP going on so I guess the price could bump if that is a good PP. Personally the only way I see that helping is if the PP is unexpectedly successful with a good cash raise. The only way I see that happening is if RDW has a big new buyer who is interested in getting in at a good time point. He could just invite them via the PP to join. Legal. I have no objection if it gives more runway.
- there is not a massive amount of selling at the moment so my hunch is everyone who was going to sell has sold so not sure that will push price down that much by itself (but it is TLT so could be wrong :)

Clinical factors
- GBM progress not happening with so little money. Perhaps they will announce some GBM things like a PI or MAB for that topic. Small things that make it sound like progress.
- they have done a PR run off the Jan 15 data update so the next patient updates would be CRs on the 4 patients pending for 90 days
- or could get some of the 540 day data and release it as a way of showing durable response update.
- There are 2 imminent CRs at 450 but I don't think they are going to be at 450 for a few months.

BTD factors
- maybe they get the missing BTD data faster than expected (hah) and then surprise us all with a BTD update before June (end of q2).
All in all, it feels like there is not much excitement to shift stock price for now.

Anyone else think of anything?
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