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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 plantraderon Jun 21, 2024 9:53am
163 Views
Post# 36099719

RE:Near term catalysts

RE:Near term catalystsWhy would that news move the stock? The clinical data has already been great, hasn't it? I could easily be wrong, wouldn't be the first time, but until they prove they aren't going to struggle to stay funded & until they get some new official credibility (FDA) then will the stock do anything? The recent NR flurry would have sent most penny stocks to the moon on hype, IMO. Their audience seems to be in a state of low trust or disbelief or the impression of the complete lack of de-risking? Will they run out of money and go belly up before anything truly good happens? Or will they fail to get BTD? Will any of their preclinical research translate to humans and when (see funding risks)? It's like a circle of risk doom right now, it seems.

Who knows, maybe some here are correct in that closing a much bigger PP will move the stock because at that point all the recent news can be used more readily as a future potential value catalyst for the stock price?
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