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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

Post by hmmmmmmmmon Feb 22, 2023 11:05am
305 Views
Post# 35298301

Fear

FearWhy would you wait until the day of the conference to announce that you are presenting at an investors conference?

Could it be because you are afraid of anyone showing up to ask questions liike:

What contractual obligation did you not fulfill to lose control of DIMI and SAMI?

Why wont you disclose material information on the loss of DIMI and SAMI to the shareholders that funded them for years?

Why are you finding it next to impossible to enroll your Tigris trial? Only enrolling 1/5 of what you promised shareholders would be the "worst case" at the enual meeting 8 months ago?

As the trial is averaging 1 - 2 patients a month with 100 patients to go- why would you say this is a good place to tie up investors money?

As the trial is averaging almost 1 million dollars per patient- with 100 patients to go- why would you say investing now is a wise investment?

Do you two (Kellum and Seto) plan to stuff you pockets with millions of options this year- even though it was clearly the "worst" year in Spectral history? 

I'd say fear is why you hide from your current investors and queitly sneak off to Austin to try and find some new suckers.

Time to make some calls to friends in Austin.
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