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Bullboard - Stock Discussion Forum 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... see more

TSX:EDT - Post Discussion

Spectral Medical Inc > Dialco... spin Off
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Post by AmorFatiforlife on Jan 26, 2021 2:47pm

Dialco... spin Off

What's everyone's opinion on their plan for Dialco? Package it with the rest of the goods and sell the whole shebang? Spin it off and off us shareholders some shares and warrants? Sell that portion of the company off to one of our tight lipped sponsors? Hypothetically speaking say they sell Dialco cheap for say $1B. Now spectral EV is substantially higher, but what does it do to our shareprice??? Do we raise with the times, or continue to wander in purgatory?? Regards
Comment by mercedesman on Jan 26, 2021 3:10pm
I'll play ! I think the most sensible solution is to IPO Dialco state-side.  Maybe reserve 20% of the shares for the IPO and give EDT shareholders shares on a prorata basis (i.e. the other 80% of the shares divvied out based on EDT shares held).  If the valuation is destined to be $ 1B (or so?)  then shares in EDT would gain instantly, upon an announcement of the plan (pre ...more  
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