Spectral Medical Inc T.EDT

Interesting....

[mercedesman]

...a pinch hitting bean counter that has experience as a VP Finance of a Company that was acquired by another Company? 

Seems like Seto was looking for some pretty specific knowledge/M&A experieince from the perspective of the acquiree, vs a long time CFO who can run a couple of distribution Companies.

Failing that, the new guy is familiar with the reporting/listing requirements of a Nasdaq listed company.

Which fork in the road will Seto take as the two Trials/FDA move inexorably toward completion?

Hmmmm?!?

MM

[Domino55]

This to me looks like another administrative release. It is sufficiently vague. Is it a subtle indicator of where things are headed? Hard to say in the context of the blind puzzle. Real news is long overdue.

[mercedesman]

I'm guessing that there will be 1 - 2  puzzle peices released by the end of this week (worst case, the week following)

[Accountprince]

MM - I agree that pieces will fall into place in the short term.  All the missing info and disclosures will need to be brought up to date.  There seems to be a sense that something has been or is in the works. Although the new CFO has NASDAQ experience they highlight his experience in taking the company he worked for private from the NASDAQ.  I feel if they wanted to do a NASDAQ

[mercedesman]

Some good points AP You mean full disclosure, on certain issues, when it serves a purpose, I assume? Agree on Nasdaq...perhaps they need to show potential buyers that they have a secondary endgame option if the price isn't right? There ceases to be a need for a Company (much less a public one) once you have sold off your NA Rights X 2 (and your worldwide rights X 1).  Clean-up on aisle

[Domino55]

MM I'm  not sure we get real  news until we get this gentleman suited up with options.  Hopefully he has been loaded up and we can move forward.

[mercedesman]

Thought about that. If he was worth his salt, he would already have negotiated that in his contract. Otherwise he has a small but specific role to play IMO. Material developments can only be sat on for so long. MM