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.

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Spectral Medical Inc

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Comment by Inca2020on Jun 08, 2020 2:47am

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Post# 31123012

RE:RE:RE:RE:RE:RE:Paradigm hitting the ask today

not saying that's what it is... just that anything is possible.

Inca2020 wrote:

Hah. It's really not that stupid.

2 points.

1."IF" there's an end that's worth having.

2.While they issue themselves some options, I don't see them frequently exercising them (sometimes they even let them expire) and at the current price if Walker were to exercise and cash in all of his options he has roughly made 1M from them? Whereas 20 years here at 450k cash on its face seems to add up to significantly more.

looking at sedi filings I see him owning 3M options and 1.2M shares. I don't want to go through every person in the C suite but maybe the options are just a smokescreen for what is otherwise a lifestyle company.

mercedesman wrote:

"hard to spend on IR when paying big salaries. I don't think management has enough shares to care about the share price. More important is what's in the till to pay the monthlies. " - Inca

This is perhaps the dumbest post I've read here ( and that's saying something. )

They've gone to enormous lengths to grant themselves millions in options year after year, and in many cases they have outlaid significant after tax dollars dollars in the acquisition of cheap shares.... and you say this was all done so they can keep their salaries going, knowing that is pretty much all that they are going to get out of the deal in the end?

All under the watchful eye of Toray and BirchHill et al ?

Give your head a shake.

The riches they will have made in from their bi- weekly ( or whatever) pay cheque ( added up over a decade or two) will pale in comparison to the capital gains that they should ultimately realize in the end. Oh and the first $800k in the sale of equity, is tax free, ( and that is before the multiplier effect thru the setup of family trusts)

I give the BoD more credit than that, for devising a plan wherein they ALL get rich, not just the day -to-day managers.

BTW did Seto join for a year or two just to rack up some taxable salary too, before it all goes south ?

MM