RE:warrants Aug 22
I tend to agree with your theory about waiting for the warrants to expire this week before any large investors want in.
I believe there is interest in Theralase from large investors. However considering the small market cap I don't think mgmt wants to lose control of the company. $5 million investment at 20 cents is 25 million shares. Much more than insiders have right now. Anything is possible I guess. I doubt debt will be involved since no bank gives credit to a company without substantial operating revenues/profit. One possiblity would be a combination of shares and royalty stream on the revenues of ruvidar. A one percent royalty should easily be worth north of $5 million.
glta