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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 imatryinon Aug 21, 2017 4:11pm
514 Views
Post# 26604719

RE:RE:11% drop....

RE:RE:11% drop....And might I add...what the h<ll is the point of having a VP of Marketing if you do no Marketing/Promotion?  What does he do?  Down to .36 today. Big (%-wise) 1 day drop on 125K shares.  What will tomorrow bring?

mercedesman wrote:
Volume is still miniscule relative to the total number of shares outstanding and even relative to the float. What we have is a Mgt. team that does not believe in (or is discouraged from ?) publicity/marketing/promotion. Why that is, is for those that care to surmise (lament) about. Sans any attempt to educate investors (new or old) or tell the story to a broader audience, we are at the daily mercy of the market makers. It would seem there are no new investors, and a handful of existing investors willing to take a bit off the table (despite some recent, albeit weak, insider buying). Hence the slow drift down. MM PS: No one likes to talk about the fact that we are virtually the only Company on the TSX that does not wish to draw ANY attention to itself, or even the scourge of Sepsis, and the fact that we MAY have a POSSIBLE (if only partial) solution.


Bullboard Posts