Seeking Alpha is just a bunch of hacks making stuff up - even Zacks has more legitimacy.
Bottom line here is that things are going slower than anticipated and they will have to raise more money very soon (and if past practice is any indication that should be a doosey at these levels) —-
I like Theralase, but they have some things to sort out and the stock price has underperformed as a result of missed deadlines and expectations and poor funding decisions. Hope they can turn that around in the future, but all indications are shareholders suffer further before it gets better - JMHO.
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