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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 mercedesmanon Feb 03, 2023 8:07am
214 Views
Post# 35264231

RE:RE:RE:Baxter vs Seto and Co..

RE:RE:RE:Baxter vs Seto and Co..

Of course "fronting money " is a sign of strength. They didn't have to. Suggests that they like what they see from this Open label Trial. ( think "exceeding expectations") Even better than tranche #2 !

secondly it's a convertible debenture suggesting they are thinking about starting the share acquisition process. 

They never had control of DIMI, just a finite DA for USofA   Now it is true perpetual ownership of an entity in the worlds largest market, at a slightly reduced percentage,  in return for not having to spend as much going forward to bring it to commercialization ( or if you prefer, package it for sale) 

But you keep mounting your FUD campaign around admittedly annoying but less critical issues, just to drive the short- term price down, and keep new buyers away, and I'll keep reminding you of the true underlying value and real endgame. 


MM 

 

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