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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

Comment by SouthernTierTomon Sep 23, 2020 5:32pm
150 Views
Post# 31606552

RE:Buying here...

RE:Buying here...Hmmmm...looks like a deal at 45 Canadien coppers....and looks like Elden the painter was work'n the close...hmmmm??

I like getting shares in the low to mid forties.

It's a decent discoount to all 10 or so of the insititutions that paid .60 (mind u they got a1/2  .75 warrant)

Also a decent discount to the most recent option prices for most of Mgt (.63)

And the last market price paid by Seto/Dr. G (non prospectus (.75?)


I wonder what the valuation would be if they only get 1/10 of what DeVita got from Frensenius for their CRRT Machine (not the HHD)...AND NOTHING ELSE (i.e. absolutely zero) FOR PMX,THE EAA AND DIMI?

$ 1B x 1/10 = $ 100M

$ 100M / 236M shares = .42  (USD)  OR .55 CAD.

Yep !  seems like a good deal here.

gl all.


MM
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