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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 Nov 12, 2021 9:50am
124 Views
Post# 34119115

RE:you had one job

RE:you had one jobI agree with you he's not up to the job you listed.  But I'm starting to think that's not why he's there.  Chief Excuse Offeror has them all listed (again) in 3rd Q.  Conveniently, there's over 200,000 shares bid at $0.265 per share this morning.  I agree with Tom that the role appears to be to keep a good company's stock price down.  Company prospects look great in early 2020 (valued at $4 per share by Paradigm).  New guy CFO promoted to new guy COO and then CEO.  Now also on the Board.  Rising fast through the management ranks and governance as the share price drops like a rock to new lows.  Rewarded with great pay and huge stock options.  

The task appears to be to keep the price low so whatever the program is can be executed.  And that job seems to be executed brilliantly.  No insider selling but only insider buying.  And no insider trades reported in some time.  Let's see what comes out of the woodwork when insider time limits to report get close.


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