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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 RickyBobbyTOon Jun 10, 2022 12:02am
173 Views
Post# 34746087

RE:This is going nowhere. Past and present are proof of that.

RE:This is going nowhere. Past and present are proof of that.

to an extent, it feels broken beyond repair.

Can't wait to see who puts money here again and how steep the discount is and how many sweeteners come with it. No way a half warrant will do it after the carnage here. The implied but not fulfilled promises for 2 straight years. Credibility has been irreparably harmed. And then stomped out with the insane option/RSU/PSU handout at market prices well below any financing in recent years. The grab bag is so insane that it can only be summarized as a shock and awe campaign. Likely it will need a full or double warrant to close even 5 million. No one can possibly touch this. Especially if you're managing clients money. My opinion anyways. 


Stocktree wrote:
They officially developed several potential lines of cash and future potential lines of cash, but never seem to have what it takes to bring them to fruition business-wise and to honour their duty to their non-insider shareholders.

Even Stockhouse posters (apparently small to medium retail shareholders), which are fewer and fewer here, are not interested in going to the next general meeting. Even those who have spent a good part of their "free" time here (several times a day almost everyday) and away from their work/family/friends to steer the BB in the weird direction it has taken (constantly criticizing management but pumping the stock in the most unserious and fked up way) can't get away from their work engagements to directly ask management the tough questions.

Just for any bystander who mistakenly drops by.

 

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