Post by
james700 on Jun 28, 2023 8:28pm
2026 commercial launch FINANCING needed now
So, according to financial statements and cash burn, Theralase needs to do some sort of financing to get the ball across the goal line. That financing should be any day now, because they will deplete their cash reserves within a month or so... Tick Tock let's see what's behind door number 2?
Comment by
Rumpl3StiltSkin on Jun 29, 2023 9:44am
You are correct about some sort of financing needed now. I think official approval ight take until early 2026. Yet, AA should happen early 2024, IMO. ;-)
Comment by
DJDawg on Jun 29, 2023 10:29am
I really thought that they would announce some sort of money infusion/update before the AGM. I've never been to an AGM but I can only assume it will (today) be about how much money they have left and where they are getting more. Nothing else matters if you can't pay for electricity and basics.