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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 > when did Dialco deal fall apart
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Post by ihavefaith on Dec 17, 2022 12:47am

when did Dialco deal fall apart

Did the board and or executives know, or should have known, that the Dialco deal had or was falling  apart before the completion of the last round of financing.
Comment by Accountprince on Dec 17, 2022 10:27am
Repost of "Paradigm Capital" revised to SH standard as requested by other posters: When incompetence leads to a huge loss ALL confidence in the people in charge goes away.  Not the science and products but the people responsible for the loss. The SAMI and DIMI products are still the same with the same prospects.  They still hold the potential to be worth $2 billion USD.  ...more  
Comment by Accountprince on Dec 19, 2022 11:59am
As a follow up today Dec 19 2022 there is still nothing posted on Sedar.  So none of the material agreements related to the Spectral and Infomed deal have been disclosed.  Time for some transparency and adherence to disclosure duties.
Comment by hmmmmmmmm on Dec 19, 2022 1:00pm
The Infomed "deal" PR was filed six days ago on Dec 13th. The law requires the contract/ material agreement be released within 10 days. So that makes Friday Dec 23rd as the last day to disclose. What would that say about a comapny and it's management's integrity if they sat on a signed contract for 10 days and tried to hide it into the Christmas hollidays? Are they that afraid ...more  
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