Theralase Technologies Inc. V.TLT

16.5 cents close today

[riverrrow]

How much longer will TLT benefactors continue to fund TLT to keep it going after shelling out 22 cents a share which are now trading at 16.5 cents.  Does anyone really believe a second tranche will be filled at 22 cents?

[Legit62]

I can guarantee funds will stop if we do not get any news shortly, a second tranche would have been informed by now, who wants to lose money??

[Alamir1111]

April's pp 17or18 participants  750000$ JULYS pp 18 participants 775000$..pretty consistent

[Dumbeldorfwhite]

My guess is the 2nd tranche contigent upon BTD status being approved

[Kayz88]

I don't think anything will happen without the BTD status approval. 

[Alamir1111]

Btd is a nice thing to have but it's not necessary for the final approval est timeline 2026

[Kayz88]

No, it's not necessary for the final approval. It's absolutely necessary to keep this company afloat. It's a rubberstamp that has the highest probability to raise the stock price so they can raise actual money. If they keep with these small PPs once per quarter, that's another 8 quarters, that's 8 more raises, 8 times more dilution. 

[StevenBirch]

No one is funding this out of the goodness of their heart and I don't know how much they will raise in the next tranche but the volume usually picks up when these PPs are about to close. And again if people are in fact selling so they can take part the buyers aren't going to bid it up, they will make the seller(s) come to them. There always seems to be someone willing to buy lower down

[2b7f6fab]

No it didn't close at 16.5 cents today.  The final 26,000 shares traded at 17 cents. https://www.stockwatch.com/Quote/Detail?C:TLT