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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 > Promises Promises
View:
Post by Accountprince on Jul 21, 2021 3:10pm

Promises Promises

This is from the June 4, 2021 presentation (6.5 weeks ago).  I have looked at it several times and not a hint of an offering for $10 million at a stinko price per share.  In fact the Nasdaq listing and Dialco Private funding show prominently.  So what should shareholders make of this?  Why fall out of bed on a Tuesday morning and decide to do a spur of the moment bought deal overnight at well below the entity value to be announced on Wednesday morning?  How is that Nasdaq listing effort coming along?  And what about the Dialco private funding effort talked about since last December?  Are the presentations from Spectral for show only?  Does management have any credibility?
Comment by Accountprince on Jul 21, 2021 3:15pm
Chart from the June 4 presentation wouldn't copy.  Assuming it hasn't been removed from the website have a look ai it there. 
Comment by Geery on Jul 21, 2021 3:16pm
Lots of questions/comments/concerns but does anybody actually take these to the company or just stick to complaining to this board? 
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