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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

Bullboard Posts
Comment by seniorcitizen11on Jun 17, 2014 12:54pm
286 Views
Post# 22667209

RE:RE:RE:RE:RE:Dissident movement

RE:RE:RE:RE:RE:Dissident movement
Yukon: On a lighter note I hate to admit that I have enjoyed pulling your chain while at the same time successfully prompting your party line distortions. A few thoughts based on your posts. What is the real difference that you can articulate between control and manipulation? Most would believe there aren’t any difference and their likely right! Why are you so paranoid that retail shareholders (some call them dissidents’) understand what’s happening? It isn’t complicated! Do you actually believe as you state that the Insiders have the same information as the retail shareholders? We thinks’ not! Do you believe that this is a public company that has a fiduciary duty to all of its shareholders or do you confirm as you suggest that this in your view is a private company that does not even want retail shareholders? Do you believe that not revealing data due to DSMB/FDA restraints to all shareholders as well as the Market has dampened the share price enthusiasm? Be honest if you can! Thus the method of establishing the financing price based on Market even taking into account the assistance of a professional KOGER hired by the Insiders may likely not pass a smell test when one has all the facts. Do you really believe that the financing was or will ever be in jeopardy when you consider where the money is coming from, Toray / Birch Hill / Medwell? Do you suggest they are Risk Takers or Opportunists? If as it appears Medwell is now under the 10% Ownership instead of Birch Hill: What is the significance? What is your opinion of the following excerpt: "We are very pleased to have reached agreement with certain of our existing investors for this substantial financing at market, without the need for a price discount or warrants, and with terms fair to all shareholders,"? Retail shareholders for the most part believe that the price is discounted significantly and that the terms are not fair to all shareholders. The 40% or so dilution is what some would call YuConn "GREED" not fairness! I won't ask you to respond on this one as you have made you position crystal clear and all legitimate posters know your angle!!
Bullboard Posts