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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 Accountprinceon Jul 21, 2021 12:29pm
131 Views
Post# 33581648

RE:RE:And don't forget the insider trading

RE:RE:And don't forget the insider tradingThis came out of the blue for non-insider shareholders but I'm sure it was planned.  It seems our management team is only in tune with spreading the wealth amongst the privileged.  I hear you about other companies promoting themselves and then doing a share issue.  Novel idea for this stock.

Our person(s) in charge of financing don't seem to care at all about getting prudent deals done.  Let's go public in US - nothing done.  We'll sell small portion of Dialco - nothing done.  We're trading in the low 50's.  Let's drop it at the close and announce overnight a bought deal at 40 cents.  Pure insanity but perhaps Anonymous needed reloading.  And don't forget the "President's List" for 10% of the deal - why is that part of the bought deal?  They couldn't even do a deal at the price we had been trading at - a modest $.52?  Pathetic.

Looked great when we hired someone familiar with the public markets to head up our financing efforts.  Result - we are now issuing paper at half the price we had been trading at the beginning of 2020 with MULTIPLE achievements since then.  Epic fail!!  
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