Theralase Technologies Inc. V.TLT

Alternate Symbol(s): TLTFF

Healthcare Medical Devices

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

Theralase Technologies Inc. > Can someone please explain

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Comment by DJDawgon Jul 19, 2024 2:57pm

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Post# 36140474

RE:Can someone please explain

I strongly suspect that they will expire. Only 24 more trading days before they are out of the money.

But it would be a cool hail mary move if they didn't. Some news, big price jump, warrants in the money, bring in 0.35 per share cash vs the 2nd tranche which would only bring in 0.22 per share cash and also create a new warrant.

Financially the best thing for TLT would be a spike to over 0.35 because of some amazing news. Just 14.3 m warrants exercised at 0.35 would bring in that elusive 5m that they seek.

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Two micro-cap stocks with strong fundamentals