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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 DeathXray33on Mar 27, 2024 12:13pm
123 Views
Post# 35955725

RE:RE:RE:RE:RE:PP and BTD which one will come first?

RE:RE:RE:RE:RE:PP and BTD which one will come first?
Donein25 wrote:

This doesn't sound like further PPs to me. Sounds like they will announce issuance of debt. Their goal all along has been to raise enough cash to meet the requirements of a base shelf: 12 months of operating expenses in cash reserve. PPs  are not getting them there. Read Christina's comment re base shelf.  Personally I would rather they issue debt than issue more shares to pay operating expenses.

Keep in mind as well that it can be used as a position of strength when negotiating future deals; the ability to go it alone doesn't come from PPs  but it can come from a base shelf. Hopefully deals will come before they ever need to act on the base. 



@>1.320 mil. I'm buying more Thursday & Friday. Farewell.
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