Theralase Technologies Inc. V.TLT

Looked at Q3 filing on Sedar again

[N0taP00p]

Burn rate for ACT is mentioned as $15M over 6 years, with possibility of big upside due to many factors. 

Said FDA submissions will be based on assessment of 25 patients @450 day,  in Q4 '22 (subject to blah blah...).    If this was delayed beyond Q1'23  and they didn't even mention it to shareholders till now, they will probably lose all trust and will struggle to raise money.  So I'm thinking the BTD application is in and we're in wait mode. 

 

My BEST GUESS from the financial statements is that they need ~$1.25M to $1.5M  per quarter to operate (with most of it going to ACT) , even after revenues from the laser division.  They had ~$2.5 M in working capital left end of Q3'22. So who knows, maybe they're close to running on fumes.   Insiders bought nearly $700K worth of shares (2.9 M) in Q3-Q4.   So I don't expect any more funding from there, unless RDW's aunt Martha wants to invest her pension in her favorite nephew's company.    

 

So it feels like all roads lead to them giving  it their best shot with the FDA , most ikely in Q1. Hoping the FDA approves. If they ask for more data or delay it for whatever reason, it'll be a sad day indeed. 

 

[N0taP00p]

Key question is what result will weigh more on the FDA decision. Efficacy (good), safety (great), CR duration at any point in time (good), CR at 450 days (better than Keytruda but nowhere close to phase 1), patient convenience (quick treatments 6 months apart), etc.    And where is Health Canada in all this?  

[Infinity]

I understand that this is a very complex clinical test with multiple variables.  In addition they had the intitial 12 patients who were undertreated.  Covid did put a dent on pretty much everything and delayed many vital projects including TLT's.  What I fail to understand is the lack of communications from the management,  It is perfectly reasonable to let the share

[N0taP00p]

Infinity, pretty much a universal consensus on that on this board.  On the surface, it looks like an arrogant "don't care" attitude.  But the sheer duration of the news gap with no meaningful updates (see all the potential topics consultant99 mentioned before) has me hoping that  this time it is the real deal. If not, it's back to  being entertained by SF and

[ScienceFirst]

N0taP00p  ... Not enough info?  Just a buzz word from you to look important.  A graduate of Bungee's kindergarden.  Just like FGPstuck.  Funny, we have: 1) MD&A, 2) news releases regarding presence at ASCO-GU, 3) news releases regarding AUA, 4) FDA Breakthrough timeline and a timeframe when they would apply, 5) Jan 3rd Biotuesday article, entereting discussions

[N0taP00p]

Your personal emotions seem to cloud your judgement a wee bit. But you're bright. 

[Lesalpes29]

Lack of communication actually could be because negociations are on with BP or other interested party. Why not? Next sign of life will be for AUA and financial report at the beginning of may. Patience!

[N0taP00p]

Alright, Lesalpes. Patience for 2 more weeks.  Btw, you and SF seem to spell negotiations the same way and seem to always agree with each other. Hmmm.... Not another id I hope. I thought the mind could only be bipolar not multipolar.    For now, will give you the benefit of the doubt.  Peace. 

[BudFoxx2020]

SF runs this board with his 100s of multiple accounts.  Really a sad individual, a paid promoter or an employee.  If some one can not figure this out, stay away from penny stock and penny stock board.  Who in there right mind would spend the last 20 years 24/7 here posting the same thing over and over and chasing everyone away who has even a little bit of doubt.  This is a

[Kingpin68]

Budfoxx, so you have no interest in this stock ? So you provide the service of scouring boards of stocks you don't like, and finding posters that don't have our best interests at heart. Thank you for your service sir, I'll sleep better tonight.

[BudFoxx2020]

NP SF.   I am sure you will log in to a few more of your account to attack me before the night is done..  lololololololol.

[Kingpin68]

Budfoxx, nobody needs to attack you, everytime you post you discredit yourself. I've learned never to trust anyone that uses 'lol' more than once.

[BudFoxx2020]

POINT PROVEN.   How may account cane and did exactly what I said.   Sad how these hustlers and promoters work the board and the amateurs falls for it every time...

[Lesalpes29]

Paranoia.... we are waiting for more results presented during next AUA, next financial, possible positive outcome from FDA... promoters my a...! A couple weeks to go and we will see where stand. GL

[BudFoxx2020]

Couple weeks.  Lol I will give you the whole YEAR.   Deal.  Lolololololol.  

[Rumpl3StiltSkin]

Yep Lesalpes, We may not know about where we stand with BTD by then, yet I think we should see the CR %s improve nicely. With the better CR numbers it will be obvious to anyone with a pulse where this is going... Exception being BudFox maybe....

[thadeush]

ButtFox sounds much better on IGNORE.  *exhales happily*

[BudFoxx2020]

Ohh another IGNORE.  Lol.  One of his 100s of account.  These guys are just scumbags.  Like I said. Easy bet forget couple of weeks.  How about end of the year.  And if nothing happens.  How about SF and his 100s of account stop posting and stop scamming the cancer survivors and hopefuls here.  It is fffing disgusting stringing people along for 20--+ years.

[Donein25]

Bud. If you don't care about the stock then do yourself a favor and leave. We will be just fine without your 0.02 cents. 

[ScienceFirst]

N0taP00p ... Calm down.  And stop trying to come with all sorts of negative scenarios.  You've often been wrong in the past. TLT management brought us here, on a shoestring budget and have always solve issues.  TLT is no different than any other SMB or biotechs; it has to manage the burn rate.  And if you understand the micro and macro environment of biotechs, you'll

[N0taP00p]

SF,  i hereby declare you the  winner of the Stockhouse "grand  fairytales"  category.  Awards are in May.  Bring your band. 

[ScienceFirst]

N0taP00p ... Here's some fresh input and perspectives so you want to sound more credible and look more educated instead like posing like an uninformed in your next armchair quarterback posts. Q1 biotech layoffs rise 87% YOY, already halfway to 2022 total In the first quarter of 2023, 56 biopharmas laid off staff—an 87% jump over the same period in 2022, when 30 companies made cuts

[Rumpl3StiltSkin]

Poop, chill! BTD brings all sorts of goodies. We probably will get a new CEO announcement right after that. We could also see some jv interest in TLT. Also, $$$$ will be less of an issue. You are correct when you say BTD has probably been applied for by now and we are in wait mode. There was nothing to report for BTD in Q4 last year because the clinicians still needed to tally the CR data