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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 24, 2023 4:38pm
143 Views
Post# 35359505

RE:RE:RE:"we believe" you can not do your job.

RE:RE:RE:"we believe" you can not do your job.The December 31, 2022 financial statements now characterize Dialco as a "discontinued operation" with a grand total loss from discontinuance in 2022 of $3,356,000 of a total loss for the year of $11,250,000 or 33% of the FULL ANNUAL LOSS!!!!!

How does that square with Seto  and co telling everyone ITS NOT MATERIAL so no details.  That's like saying the Ukraine war is not material to the world political order.  Or Mitch and Austin aren't material to the Leafs.  This is material in everyone's world except the people responsible for this huge failure and lack of disclosure of the facts.

BOD do your job!  Cut out the cancer and get our company back to health.
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