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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 Stocktreeon Sep 11, 2023 8:35pm
156 Views
Post# 35630528

MM & friends are recycling their 20 cent shares

MM & friends are recycling their 20 cent sharesSo don't listen to their BS pumping.

This morning shite show was the worst marketing "event" we could have hoped for.
If was really just a cheezy sleazy informercial that will be laughed at by anyone who remembers it (us posters).
MM & friends were promoting the event and now that we know it was just dud, are trying to have us think EDT does not need selling.

Here are the take aways from this stupid Baxter-EDT unbalanced act:

1- No one is jumping on the EDT train.
2- Which means if/when Baxter decides to swallow EDT, it won't cost them much, and certainly a thousand times less than what MM would like you to believe.
3- The whole Dialco giveaway was to simplify matters for them. EDT management probably earned a sweet deal for themselves for taking care of that unwanted nugget (Remember MM telling us that partnership deal would bring in some easy cash? How long has it been since Dialco was mentioned here?).
4- The bottom of it all is, don't hold your breath if you have shares, everything is being done (dilution, silence, back dealings) to make sure the big player holding EDt by the throat will get the cheapest price possible if they are convinced PMX can make a buck. Will it be in the following 6-12 months, or in several years, we do not have enough information to do anything else but speculate.
5- And finally, on the patient recruitment count... wait till they tell us that x/y/z conditions are now making it harder to enroll patients, and that those could never, ever have been foreseen, much less included in planning assumptions.
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