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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 > Spectral’s Incredibly Significant News Releases
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Post by Gorf79 on Aug 15, 2022 8:57am

Spectral’s Incredibly Significant News Releases

Don't age well relative to the unrelated ticker symbol EDT.

Just like the ARC Dialysis deal and the FDA Breakthrough Designation before it, the Veterans Administration deal has washed through the cycle with nothing more than a 15% loss isn share value from 54 cents.

Deals and FDA progress that should be quadrupling the share price are actually crippling the disconnected Sybmol EDT.

Its a private company, insiders own it all.

"Many multiples"? - So far not so much...
Comment by Gorf79 on Aug 15, 2022 9:40am
Now off 20% 1 single week after signing the IDIC SAMI dialysis deal with the US Department of Veterans Affairs. The largest single health network in the US. WOW...Poor EDT has no legs. They most definitely own it all!
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