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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

Post by Bigkahuna57on Nov 13, 2024 9:14am
331 Views
Post# 36309957

Performance and Complaints

Performance and ComplaintsJMO: If you take the side of the argument that management has fallen short - without considering the challenges of finance and lab resources, then you also have to consider that there's a distinct possibility that there have been offers.  Those offers mostlikely have been made with an NDA, so we won't hear about it. Why would the possibly suitor expose their interest to other oncology competitors? You wouldn't, I wouldn't and they shouldn't.  Also, how much of the company would/did the possible suitor require in value for $XM or $XXM dollars? How do you value the company and the known indications?  I think offer(s) have been made, and they were predatory and onerous. Without "selling" a percentage of the company, what else could be done except work the science down the course of the trial and continue proving that it works through the data. So long as the company can maintain the patient treatment and data - the rest get's worked out on its own time line. There's no other choice. Except to complain.

GLTA
Regards, BK
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