Theralase Technologies Inc. V.TLT

RE: Question

[winr88]

Hi 99942Apophis,

All news releases must be approved by the OSC. In looking at the news they will determine how much action will be created by the news release. Sometimes a trading halt is mandated and sometimes the company asks for it. If there is potential for a mad scramble for shares a trading halt may be employed to ensure trading happens in an orderly fashion.If BTD approval likely creates the kind of interest discussed here on this board, expect a trading halt.

[StevenBirch]

If they announce the granting of BTD during trading hours there would have to be a halt and in reality it's no different than if it happens after hours. The stock would still open as if halted just with a little less impact but that impact is short lived anyway so unless you want to sell on a little extra jump in the price it doesn't matter.  I have a question for those who piously

[skys1]

Steven, the FDA would respond the the BTD request within 60 days.

[StevenBirch]

Thanks Skys.