Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 > Lifestyle Buisiness
View:
Post by Rickkie on Jul 21, 2021 4:13pm

Lifestyle Buisiness

Don't remember who, but someone on this board several months ago suggested this was a "lifestyle business".

According to Wikipedia, a Lifestyle business "
is a business set up and run by its founders primarily with the aim of sustaining a particular level of income and no more; or to provide a foundation from which to enjoy a particular lifestyle"

Could it really be? If so, I guess it's OK with the regulators?

R
Comment by mercedesman on Jul 21, 2021 4:34pm
I remember that.  I challenged that at the time and still would. Any given Mgt team doesn't go through all the trouble of enriching themselves with options and warrants (no money down) with the expectation that they will eventually all expire worthless. While a handsome T4 salary can be a nice (maybe even sufficent from the POV of the average Joe).... if you want to get really rich, you ...more  
Comment by BayStreetWild on Jul 21, 2021 6:10pm
how intentionally naive
Comment by SouthernTierTom on Jul 21, 2021 4:40pm
Are you referring to the lifestyle of being a "bulboard escort" and pumping junk like pot, acid and shroom stocks along with Canadien bios that have NOTHING whilst you cheat. lie and create a perfect back-drop for under-priced options and financings on those that choose to "own it all"? It is a "business", but I hear it is a real "Be-atch" to explain to ...more  
Comment by inspecthrgadget on Jul 21, 2021 6:33pm
I own this company! Are you referring to the lifestyle of being a "bulboard escort" and pumping junk like pot, acid and shroom stocks along with Canadien bios that have NOTHING whilst you cheat. lie and create a perfect back-drop for under-priced options and financings on those that choose to "own it all   Best, Gadge  
Comment by Rickkie on Jul 21, 2021 6:55pm
I don't know if this is really a lifestyle business or of anyone who is using it as such. I am just a lowly retail investor. But I just wonder about their intenttions. Look how long they have been at this and still there does not appear to be any urgency to biring this thing to fruition. For literally decades now they have been very good at never ending public offerings with no meaningful ...more  
Comment by BayStreetWild on Jul 21, 2021 7:00pm
It's something they have to go to sleep with not you, if it's true. Trust me when I say everything comes at a cost. You think anyone who's milked a cow for 20 years without results is proud when their time is up on this planet? At one point of time or another in your life the money becomes meaningless. If your career accomplishments include taking investors for a ride... that's got ...more  
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities