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Spectral Medical Inc T.EDT

Alternate Symbol(s):  EDTXF

Spectral develops devices for unmet medical needs. Sepsis occurs in 1.7M Americans/year causing 250K deaths, often caused by endotoxin. Our devices measure and remove endotoxin from the bloodstream. An FDA confirmatory trial is underway. Dialco, a Spectral sub, offers SAMI, a novel instrument for renal replacement, cleared by FDA. Dialco is seeking FDA approval for DIMI a unique home dialysis enabler. These devices have large commercial potential


TSX:EDT - Post by User

Bullboard Posts
Comment by davikingon Mar 07, 2020 2:52pm
85 Views
Post# 30779299

RE:Curious/misleading wording "Best Efforts"&"Public Offering"?

RE:Curious/misleading wording "Best Efforts"&"Public Offering"?STT,
You said, "Some are suggesting they were squeezed in now because in June our share price will have appreciated to levels where it "should be".  The expectation now is that the 10M ( likely closer to 12 or 13M when done ) will find it's way to the US as we prime the pump and finally show ourselves in the market that will ultimately make the company."

How will the shares make their way to the US if they don't uptick the listing? An announcement that DIMI is available still won't ?alllow? big boys to buy stock because as you or someone said, they won't buy if it is on the OTCX (whatever exchange it is we are on down there)

Why would we need $20M in the kitty?.
Bullboard Posts