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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

Bullboard Posts
Post by gemsearcher2on Sep 07, 2005 11:35pm
98 Views
Post# 9522000

hello board!

hello board!I bought in almost 2 wks ago at .40.Figured it should be good for a bounce play pretty soon,if nothing else!Pretty low O/S and if some buying shows up,it should be capable of moving pretty quickly. I basically have my core position,but if we get news on FDA approval for the WNV kit,then look out above!I plan to avg. up on the right news and didn't want to have to chase it if the news had come out earlier.As it is,I'm now content just to wait for the right news. FWIW--I cannot find any info. anywhere that states that their WNV test is actually in the hands of the FDA at this time.I assume it is,but I don't have the proof.However,this news of Aug.04,2005 is good enough for me!At least they got the test out there! TORONTO, Aug. 4, 2005 (Canada NewsWire via COMTEX) -- "Spectral Diagnostics Inc. (TSX: SDI) and its joint venture research and development company, IDx Inc., today announce the first shipment of the new West Nile Virus (WNV IgM STATus(TM)) rapid assay as a part of a consumer preference program" It looks like stock has moved down on relatively low vol. for the past year and a half,with only a few days of 800k shares of so during that time.Makes me think that it's overdue for some serious vol. and a major bounce.I can't say when it will occur,but I'm thinking it's getting close.We shall see! Just wanted to stop by for a hello!.
Bullboard Posts