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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 > Why are there no dollar figures with these deals?
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Post by Spamme54321 on Aug 09, 2022 12:18pm

Why are there no dollar figures with these deals?

IMO the reason that EDT stock languishs around even with recent annoucements of partnerships and deals with the VA is that there are no dollar amounts associated with them.
Which makes the market suspicous of what these deals entail.

Most other companies that annouced deals usually give a dollar figure assocciated with them.

I would appreciate ani insight into why these EDT deals have not dollar amount details.
Comment by Gorf79 on Aug 09, 2022 12:29pm
Spam, You are not particularly bright and I don't feel like explaining what an IDIQ contract is beyond telling you it is the optimal contract to win with the US government. You don't strike me as a an intelligent individual or one with any government RFP engineering background, so I don't expect you to understand. I have 30 years experience in government RFP/RFQ bidding and the ...more  
Comment by Spamme54321 on Aug 09, 2022 1:15pm
Gorf or SouthThorn or Whoever you are, You have been here a few weeks pumping EDT like your life depended on it. Also trying to say you know the most influential people in Canada. I can smell your BS from a mile away. I do not know anything about government contracts because I work in the private sector but I doubt you know anything about them either. You just make baloney up as you go along ...more  
Comment by JohnnyCashMoney on Aug 09, 2022 3:15pm
Indefinite delivery, indefinite quantity contracts provide for an indefinite quantity of services for a fixed time. They are used when GSA can't determine, above a specified minimum, the precise quantities of supplies or services that the government will require during the contract period.
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