Theralase Technologies Inc. V.TLT

I think it's a good sign that...

[Eoganacht]

Roger ponied up $50,000 on Friday for 227,273 shares at .22 each in a private acquisition and was granted 227,273 warrants at .28 each

He now has a total of 11,049,331 shares and 5,135,325 warrants.

[Northmen]

Yes - Agreed. Also a reminder thta Perraton, Mandel and Hachey also bought back in early FEB.  I was looking to see if Dr Jewett also bought or was granted shares due to recent involvement ? 

[riverrrow]

Anybody have any idea how Roger would go about buying tne shares privately?

[DJDawg]

Hate to be a downer but I'm pretty sure that this is a catch up SEDAR filing. I recall that with one of the PP's in 2023, I noticed that there was a missing insider filing for RDW. The details also match as far as price 0.22 per share plus 0.28 warrants. I'd have to go back and find which one it was but I suspect that this is TLT realizing that one of many SEDAR filings was missed and

[Lesalpes29]

It's the case DJ. His own contribution! in the last PP. It's still a good sign.

[Eoganacht]

Hi Dawg. The details match but the date of the transaction was Fri. Feb. 23 and the pp was closed on Feb. 5. How might that work? The filing date was Feb. 27.  SEDI classified the 227,273 share acquisition as 11 - Acquisition or disposition carried out privately and the 227,273 warrants as 53 - Grant of warrants. Could 50,000 shares & warrants from the pp have gotten

[Alamir1111]

Those 11mil shares probably show a negative return

[Eoganacht]

Sorry, I meant $50,000 worth of shares and warrants - 227,273 of each.

[DJDawg]

Agreed. It's confusing. I'm not claiming certainty on what I said. Regardless, the ceo who knows more about every aspect of the company keeps buying so that is my key take-away.

[wildbird1]

DJDawg you are correct when you said that the CEO know more... We can easily assume that if there was a need for more financing, the next financing would be done at around$0.18, like the last financing($1.2 million Feb 5,2024). At $0.18 R.Dumoulin would have gotten a total of 555,555K shares&warrants for a $50,000 investment. Instead R.Dumoulin did get only 454,546K shares&warrants at $0

[Longholder99]

Or there won't be a need for financing as the SP increase may bring warrant money.  Anyone else noticing the volume uptick?  Wonder if someone knows something about BTD submission.....just a thought.  

[99942Apophis]

Sorry guys, I can't see any ceo jeopardizing his career for a couple pennies on inside knowledge. 

[Longholder99]

Roger buys on a constant basis.  Building his position strategically so the complainers looking over his shoulder get no excuses to pick up the phone and dial 1-800 cry baby.  

[CAinPlap]

If you look at the prices they were issued at, this matches the Life offering in Oct 2023.

[riverrrow]

Personally I'm guessing Roger did somebody a favor by privately buying $50,000 worth of shares that this somebody bought  in the November financing (22 cents a unit).  If this were true it would seem to indicate that Roger is a pretty stand up kind of guy.  GLTA.  

[O12009]

If this is true that he bought someone's shares at .22 , in the next couple of months (or sooner) that someone is not going to be very happy about selling.

[toade1313]

Just part of prior private placement. Nothing special.

[StevenBirch]

Can there be a better show of confidence? He has over 10M shares and still ponies up $50K to buy more? Unless it was always his goal to have 11M shares.

[Oilminerdeluxe]

Otherwise he would have waited until the next pp raise, imho. Really good sign, imho