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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 StevenBirchon Apr 04, 2024 4:49pm
183 Views
Post# 35971359

RE:RE:RE:RE:RE:The SP $value is ok...

RE:RE:RE:RE:RE:The SP $value is ok...That is correct and to say we are down here because there is no interest is really naive. I don't want to be critical of anyone but there are also people who want to take part in these PPs who are better served by doing so at a lower price. They are funding the company so there should be some reward but it's obvious whenever there is "interest" shown the sellers step away then put a halt to the momentum by slapping a big sell order into the market. This is usually followed by a PP at an advantageous price. 

Is there a small short interest? Sure but that's not the reason we're here, it's all finance related and there's nothing nefarious going on, it's just the cost of doing business until they get their approval. Then this will al go away. 

It would be nice to know EXACTLY how close we are to BTD but I guess that's not for us to know right now. Hopefully we get an update from the upcoming meetings, it seems like a main goal is to "advance new patient recruitment" - they will need money for that!


CAinPlap wrote: Its not so much shorting. It is the fact that a select few have received the phone call from Management a couple weeks ago of an upcoming raise and are selling shares to free up money to participate and refresh their warrants.


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