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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 Mar 21, 2022 2:27pm
176 Views
Post# 34532085

RE:People are Leaving in Droves

RE:People are Leaving in DrovesHi PL - obviously you're new here and may have just been born on Stockhouse.  I see you're part of the sky is falling crowd.  Did you just pick up some shares now or do you claim to be a longer term holder?  Or do you not hold any shares?

Curious that all those employees that have left (sinking ship per you) haven't sold one share they own.  If I was with a company that was a sinking ship and left (or helped out the door) and held their paper the first thing I'd do is sell before it crashed.  But nobody has sold.  And they were insiders.  So how do you conclude the company is collapsing?  Do some research and you'll see multiple FDA approvals in place with just the last two still underway.  Agreed that management has done a rotten job on the timing of these.  But we have a world expert on board as the CMO.  And results to date that are exceeding expectations.

Please do enlighten us if we've struck an iceberg and are taking on water - specifics please.
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