Spectral Medical Inc T.EDT

Alternate Symbol(s): EDTXF

Spectral Medical Inc. is a Canada-based late-stage theragnostic company advancing therapeutic options for sepsis and septic shock. The Company develops and commercializes a treatment for septic shock utilizing its Endotoxin Activity Assay (EAA) diagnostic and the Toraymyxin therapeutic (PMX). PMX is a therapeutic hemoperfusion device that removes endotoxin, which can cause sepsis, from the bloodstream and is guided by the Company’s EAA. PMX is approved for therapeutic use in Japan and Europe and has been used safely and effectively on more than 340,000 patients to date. It has pioneered the development of biochemical markers for the clinical syndrome known as septic shock. It is continuing its legacy business of manufacturing and selling certain proprietary reagents. It develops, produces and markets recombinant proteins, antibodies and calibrators. These materials are sold for use in research and development, as well as in products manufactured by other diagnostic companies.

TSX:EDT - Post by User

Spectral Medical Inc

Bullboard Posts

Post by schemehatcheron Jan 02, 2014 7:03pm

333 Views

Post# 22054372

How does Spectral appreciation help Medwell ?

Allow me explain..........

Medwell owns approximately 10% (1/10) of Spectral.

Medwell's float is 5% (1/20) the size of Spectral's float.

Each time Spectral gains a penny, Medwell gains 2 pennies.

ie- If both floats were the identical size and Spectral gained 1 penny, Medwell would gain 1/10 of a penny. Since medwell's float is a fraction of the size 1/20, it stands to reason that a 1 cent SDI rise equals a 2 cent medwell rise.

The math is NOt a surprise given the strength of Birch Hill's investment history...THEY KNOW HOW TO MAKE $.

Scheme

Read more at https://www.stockhouse.com/companies/bullboard/t.sdi/spectral-diagnostics-inc?postid=22005633#3bRxOEYrJeE7AEWM.99

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