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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 > This is going nowhere. Past and present are proof of that.
View:
Post by Stocktree on Jun 09, 2022 5:11pm

This is going nowhere. Past and present are proof of that.

They officially developed several potential lines of cash and future potential lines of cash, but never seem to have what it takes to bring them to fruition business-wise and to honour their duty to their non-insider shareholders.

Even Stockhouse posters (apparently small to medium retail shareholders), which are fewer and fewer here, are not interested in going to the next general meeting. Even those who have spent a good part of their "free" time here (several times a day almost everyday) and away from their work/family/friends to steer the BB in the weird direction it has taken (constantly criticizing management but pumping the stock in the most unserious and fked up way) can't get away from their work engagements to directly ask management the tough questions.

Just for any bystander who mistakenly drops by.
Comment by RickyBobbyTO on Jun 10, 2022 12:02am
to an extent, it feels broken beyond repair. Can't wait to see who puts money here again and how steep the discount is and how many sweeteners come with it. No way a half warrant will do it after the carnage here. The implied but not fulfilled promises for 2 straight years. Credibility has been irreparably harmed. And then stomped out with the insane option/RSU/PSU handout at market prices ...more  
Comment by RickyBobbyTO on Jun 10, 2022 1:20pm
At this point it wouldn't surprise me if insiders decided to do a financing at 20 cents with a double warrant for friends and family only.
Comment by Accountprince on Jun 10, 2022 1:52pm
Looks like the unofficial Investors Relations group are working hard on the BB.  Too bad the official groups on both sides of the border have done what appears to be zero. One BB IR is still whining that management has achieved absolutely nothing so don't expect anything from all the FDA approvals already received, ignore the major players committed to us and those snooping around ...more  
Comment by JohnnyCashMoney on Jun 10, 2022 2:28pm
I got my oil changed at jiffy lube today(Lubexx), hope that gets me in the friend zone and not just lubed up to be Funked
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