Theralase Technologies Inc. V.TLT

Wakey, wakey

[Oilminerdeluxe]

Hands off snakey.

The Company intends to use the proceeds of the Financing for the following:

• Good Laboratory Practice (“GLP”) toxicology study for intravenous installation of Rutherrin^® intended for the treatment of Non-Small Lung Cancer (“NSCLC”) and Glio-Blastoma Multiforme (“GBM”), a fast-growing and aggressive brain tumor.
• Advancement of Phase II Non-Muscle Invasive Bladder Cancer (“NMIBC”) clinical study
• Working capital and general corporate purposes

I wonder who bought this time. I will try and fetch a few today myself.

Time frame for this?

[Legit62]

Isnt this the same press release?? From the other day

[Oilminerdeluxe]

Is it? But it says 3 Oct? Ok, maybe I made a complete fool of myself then for thinking it was another one he he

[enriquesuave]

I believe it's another one "follow on" to close around October 14 in 11 days.  

[Legit62]

not listed on their website?? just curious

[Infinity]

Looks like one more financing within 4 weeks??. What is going on here. Management blind siding all investors, without any notice!!

[Infinity]

The bank lending rates are pushing companies towards equity financing. Makes good financial sense. My concern is why so soon. I would think equity financing, may be 6 months from now would be a more prudent decision. Hopefully at a much higher price. Perhaps at $.5 or 0.6 per share would generate more cash??

[99942Apophis]

Relax, may I suggest the company might have received request by investors wanting to get into the previous financial raise but were told it was filled. In my opinion the company could see an opportunity here to open an identical one to everyone  with todays notice. All just my opinion but I do think this will be filled easily by the closing date.

[Rumpl3StiltSkin]

Well now they've done it, They clearly now have that $$ path to get to the many $$$ warrants due end of Aug 2024...   ;-)

[socksnblonds642]

Yup, could be a very exciting December. Giddyup. Insiders loading up. Company loading up on cash.

[Impalaman]

Stocksnblonds---I agree with you----GIDDYUP___GO.

[99942Apophis]

Yes Rumpl3StiltSkin I see this more of a good-will gesture to boost investor relations since the window to participate is only 2 weeks.

[CAinPlap]

They intended to raise $5 million when they first "announced" intention to raise.