Spectral Medical Inc T.EDT

Moratorium

[JohnnyCashMoney]

What is the time frame they have on divesting? King Seto seems to have a pogo stick on how long he sticks with a company

[oilandgasman]

Yep..My feeling is he was going to walk.

[hmmmmmmmm]

Look at his track record. They should have asked him to walk not prevented him.

[hmmmmmmmm]

The first attempted and aborted raise during the begining of the pandemic was a horrible decision. The second raise was a mess we still can't dig out from. The analyst "coverage" from his previous employer was beyond laughable. The September pronouncement of 90 patients by end of year!  uff. The inability to even start the 35 person DIMI trial- almost 1 year later.. The

[Domino55]

And for all that they were rewarded with 2% of your equity at 32 cents. 

[Rickkie]

Not too bad considering all their hard work..lol... In the meantime, while we wait and hope, they are being extremely well complensated. No need to hurry! And for all that they were rewarded with 2% of your equity at 32 cents. 

[hmmmmmmmm]

You still don't see the whole picture.  To someone with 7million shares 1.50 tomorrow is a great result. Especially if they're just a couple years removed from working at a head shop.

[Domino55]

Hmmmmmmmm- That's not Seto's fault. The company was valued at 32 cents. Obviously the board deemed it fair value. They must have run their own NPV calculations. Their numbers vary slightly from MMs but it's not an exact science. Nobody has been willing to pay more than 40 cents a share for 8 months, despite managements best efforts to improve the share price! So they benefitted from

[Accountprince]

Dom - your exoneration of all involved as market forces, fair value and "fair dilution" is truly absurd. But should you be successful in convincing a gullible public - there's a Russian dude fighting the neo-nazis as a favor to the world that could use some of your wizardry.  Apparently the world doesn't see his noble efforts the same way.

[Domino55]

AP- I am well aware of the absurdity of what I am saying. Thanks though 

[Accountprince]

So the whole picture you paint is that the "head shop" guy will be permitted - by Toray and Birch Hill and big institutions and all the greedy insiders - say 250 million shares - to cash out everyone's chips at $1.50 because he's happy with that price for his 7 million shares.  And they just go along with his whims.  I have my own opinion of the picture you paint - and

[Domino55]

AP- Hmmmm hasn't yet figured out that retailers are but cogs in the wheel of wealth generation en route to the near certain FDA approvals coming this year or next. He's still resisting and trying to rationalize this as a conventional investment. Give in soon Hmmm or you'll drive yourself crazy.

[mercedesman]

Right you are AP It's very unlikely that Seto or Kellum get to cash in on their PSU's at a SP of $ 1.50. More likely that they get to cash out upon successful completion of the Trial (hopefully within a set time period) That accompishment, in and of itself, would likely take care of the SP, and or garner some nice take-over bids. And I doubt that either is incentivized to get the SP up

[hmmmmmmmm]

Well.. The Tigris trial was first posted on April 3rd, 2019. So in 2 weeks it will be 3 years- and they have what? 30 patients of the 150 to show for it? The FDA granted the DIMI trial on Feb 23, 2021. Zero patients. Not even sites announced. It seems to be quite clear the Execs have issues with running/ starting trials. You can say it's all because of COVID, but I believe the numbers

[Domino55]

Hmmmmmmm. You must be relatively new hear. 1year, 2 years? Still thinking logically and trying to make sense of something where you have almost no information available to do so. it took me 8 1/2 of my 9 years to figure this out. The individual that got me in jumped out shortly after. I was alone, it was a confusing process. Approvals are likely less than 12 months away. give in!

[hmmmmmmmm]

I hate to tell you, but you're still alone and confused on this one. But don't worry, I'm sure that after dragging you for 9 years- everything will be fixed and perfect in the next 12 mos.

[mercedesman]

I certainly can't won't defend their overall accomplishments in the past 3 yeaars.  They are arguably and noticably few and far between. I also can't defend Seto's agenda or his capabilities or his abiilty to communcate with shareholders. Perhaps you can argue that the train fell off the tracks just prior to Covid and the right people (Conductor and Engineer) were not on

[JohnnyCashMoney]

1.50 tomorrow???? Sold!!! 

[JohnnyCashMoney]

Too  be even I need 2 bucks on a hund,but I am open late!