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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 TechOneon Jul 21, 2021 2:38am
153 Views
Post# 33580077

RE:Spectral Medical Inc. Announces Overnight Marketed Offering

RE:Spectral Medical Inc. Announces Overnight Marketed OfferingThese guys never let an opportunity pass by to disappoint the shareholders.. 

We had high hopes for the current CEO because of his market and investment banking background but then we have today's news release.. 

What happened about raising funds through PP of Dialco. ??.  Seems more dilution at really cheap prices.. 

I for one have stopped adding here.. Will keep my current sizable position until the cow comes home but no plans to add.. 

Not a happy camper.. 
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