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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 DJDawgon Aug 23, 2024 11:56am
176 Views
Post# 36193521

RE:RE:RE:RE:INVESTORS ARENT BUYING IT YET

RE:RE:RE:RE:INVESTORS ARENT BUYING IT YET
Agree that TLT at a management level has been a bit amateur. I think they tried to do something big with no background in doing it. Other pharmas would hire staff very experienced in this area and it would be an efficient machine. They are a small time laser outfit that stumbled on some amazing science. Points for early recognition but demerits for everything after that.

All we can hope is that the great science lifts us all up despite the gong show.

Even now, the warrants are gone but the second tranche hanging over things is impacting. Why else would there be big asks at 0.185, 0.19, 0.195, 0.2. People who have history of joining PPs are putting the asks out since if they sell they can funnel right back into PP. My hope is that the rest of us stay quiet and don't bid or sell and let the daily volume stall till they close the second tranche. If my suspicioun is right that the big asks are ones of convenience for people with history in the PPs, then the big asks should not drift down too much below 0.18. My theory anyways.

Of course, it would be nice if the second tranche pulled in whatever investors made them so hopeful to make the PP up to 10m dollars. If that announcement came out of the woodwork it would be a new ballgame.
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