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

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Spectral Medical Inc

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Post by mercedesmanon Aug 10, 2020 10:46am

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Post# 31387194

What's the logic of a greater US presence?

Jim Currie, CFO of Microbix, commented, “Almost all our sales are recorded from customers outside of Canada, with a large proportion from the United States. It therefore makes sense to enable U.S. investors to consider ownership of shares in Microbix, particularly given their higher level of interest in life sciences companies and our ongoing work to increase the scale of our revenues and level of profitability. Trading on the OTCQB should increase the company’s investor support base into the United States, by providing new and existing shareholders in the U.S. with an efficient and transparent trading platform.”

"OTCQB enables investors to easily trade through the broker of their choice and empowers companies to make the required disclosures available for U.S. investors. "

https://finance.yahoo.com/news/microbix-shares-become-available-u-110000726.html

hmmm!?!?

MM

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