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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 May 02, 2024 12:30pm
298 Views
Post# 36019756

one other thought

one other thought

I'm not usually one to voice or support theories that are just hope/speculation.

However, one positive thought I've had lately is that the recent PP didn't have any insider buying for the first time in many years. Usually RDW buys some to keep the positive energy message as he knows his buying is a signal to the masses. But not this time.

Possible reasons
a) RDW is running low on personal cash...who knows. The others may be happy to wait options. Who knows.

OR (and this is wishful thinking)

b) If there are concrete things happening such as discussions about funding or financing, then participating in the PP would be a form of insider trading which has to be avoided. If you just got out of a meeting with some other pharma that is willing to toss a few million your way, and it is looking hopeful, that would be tradeable information.

So maybe the ABSENCE of insider buying in the recent PP is actually a good thing. It sounds ridiculous but gives me an emotional bump while we wait :)

GTLA
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