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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 CancerSlayeron Jun 13, 2024 3:32pm
148 Views
Post# 36087799

RE:June 21 PP

RE:June 21 PP
xodcode wrote: I would hope that TLT management have a large prospective partner lined up who will sop up any unclaimed shares on June 21. After all, $10 million isn't a large commitment for any large pharma or other whale who believes in the content of the latest news releases . Interesting times ahead to be sure A successful $10 million PP lays the groundwork for future significant TLT price increments.



I think a smaller to mid-sized company/player would fit this level of funding.  I don't think Big Pharma would have any interest in a partial equity deal of this small magnitude, or of any magnitude for that matter.  Whales generally like to swallow their meals whole, not in pieces.  JMO.
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