Theratechnologies Inc T.TH

Dept restructuring

[Trogarzon]

Can't find anything wrong with it.... seems non dilutive... more flexibility... freeing up 20M....nothing on covennants but might remove this sword above their head and ours.

[muslix1]

I prefer TD lest sshark i think

[Trogarzon]

Ok F8 resubmitted, Marathon is OUT, now pls adress Egrifta supply issue asap, deliver on Th1902 results and partnership and accreditive acquisition front and we're back to 10$.  Best wishes....

[Maxmoe]

Finally a catalyst to get this thing rocking

[Maxmoe]

From research capital this morning.  Today, THTX announced that it has closed on a US$40M 3-year non-dilutive, senior secured syndicated financing with TD Bank. The new credit facilities include a US$20M accordion feature, which could expand total commitments up to US$60M. Investissement Qubec (IQ), THTX’s largest shareholder, has also agreed to provide a US$15M second ranking secured

[PWIB123]

Thanks for sharing this.  Now we just need investors to buy-in (pun intended), TH-1902 to show positive results, a capital partner to come to the table, and a new line of business to generate more revenue and profit to get to a $30 stock, where I will finally breakeven on my most expensive shares.  What a disaster!  I'll take $3.80 for now as a stepping stone.  

[Maxmoe]

I suggest you remove your rear view mirror. And maybe the vanity mirror. Don't lose the focus out the windshield. Forget the $30 ancient history. Watch the path to $3.80 and watch out for another axle busting pot hole if there is one. Trade around it. 

[PWIB123]

Forgive me.  I assumed you knew.  You can't trade around this stock.  There's literally no volume.  I'm stuck, like many others.  I'll do away with the mirrors once I know TH-1902 is not going to be the game changer we were all counting on, initially.  And I do have little faith at this point that anything significant is going to come of it. 

[Maxmoe]

Well good luck of course. We all win if you do that's for sure. New name for me. I haven't bought a Canadian pharma or biotech name for decades. Biochem Pharma . Forgive me shooter, I didn't realize you were holding $millions. I assumed 20-30-50,000 trading most days in Canada plus 10-20 in USA was enough. Maybe some steady good news will also increase liquidity. 

[Trogarzon]

It's a good bank that does'nt pull the rug like other Canadian based banks.

[PWIB123]

I cannot believe there are no other covenants, but they sure didn't disclose any others yet.  TD Bank kept the term on the shorter-end of things too with a 3 year balloon.  TD Bank can renegotiate then if they need to.  The leverage ratio is a good one that will catch most issues.  Usually there is a defined range that dictates interest rates, but also a cap to how much