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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, radiation, sound and/or drug-activated small molecule compounds, their associated drug formulations and the light systems that activate them, with a primary objective of efficacy and a secondary objective of safety in the destruction of various cancers, bacteria and viruses. It operates through two divisions: the Drug Division and the Device Division. The Drug Division is responsible for the research and development of light-activated small molecules primarily for the treatment of cancer with assistance from the Device Division to develop medical lasers to activate them. The Device Division is responsible for the Company’s medical laser business, which research, develops, manufactures and distributes cool laser therapy (CLT) systems to healthcare practitioners, predominantly for the healing of pain.


TSXV:TLT - Post by User

Post by toade1313on Dec 27, 2024 7:08pm
406 Views
Post# 36379081

I Dont Understand.....

I Dont Understand.....I don't know for sure but someone said that someone from management at Theralase 'recomended' selling the stock and then using the funds to participate in a PP. If this is true I find it very offensive to long term shareholders. If there wasn't alot of selling before every PP, maybe the share price would not keep being depressed and would be well above the $.35 warrant excercise price. The excercise of warrants could have provided funds to keep the lights on. I admit I am no expert in these matters, but I somehow think we would be better off if management wasn't recommending selling TLT. 




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