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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 > What Spectral needs is to annouce their next fiancing ASAP
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Post by Spamme54321 on Mar 01, 2024 1:50pm

What Spectral needs is to annouce their next fiancing ASAP

They have already indicated they need to do it.
The overhang of fiancing will keep EDT in this range.

The Market does not like uncertainty.
Comment by BlueJays9293 on Mar 01, 2024 2:20pm
That's not going to work Sherlock, but nice pivot from your childish search warrant fantasy.  Clearly you didn't listen to the conference call that made it very clear that Spectral has enough cash to get them thru the second quarter, and that the July warrants exercise will fund them thru the third quarter.  After that it can be confidently assumed that Baxter/Vantive will do ...more  
Comment by Spamme54321 on Mar 01, 2024 2:48pm
Hey BlueJerkOff or MercedesLadyBoy (which ever alias you want to use), First they need about 15 million to cover everything and maybe abit more for contientcy. They only have money until end of June. The warrants might cover 5-6 million IF they are all excercise. A Vantive/Baxter deal is just conjecture like so many of your useless pumps over the years. There is no guarantee that Baxter/Vantive ...more  
Comment by BlueJays9293 on Mar 01, 2024 3:17pm
So they should do a financing 7 months before they need it???  Thank goodness you aren't calling the shots.  In what world would you rather do a financing at 93 patients as opposed to 140 patients???  I guess in your logic the stock price will surely be the same today as it will be when there are only a handful of patients left to go???  Also why raise money early when ...more  
Comment by Spamme54321 on Mar 01, 2024 10:30pm
Hey BlueJerkOff or MercedesLadyBoy (which ever alias you want to use), You keep referring to Spectral's imminent takeover but what is Baxter waiting for why not pull the plug now?  If it was a sure thing (as you keep alluding to) the longer Baxter waits the more it will cost them. It's another pump tactic to alway dangle the carrot of a takeover. Also 7 months of a cash in hand is ...more  
Comment by BlueJays9293 on Mar 01, 2024 11:11pm
I'm getting a hint of punjabi with a touch of hindi slang. So you're from the North?
Comment by Spamme54321 on Mar 02, 2024 1:22am
This post has been removed in accordance with Community Policy
Comment by BlueJays9293 on Mar 01, 2024 11:12pm
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