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

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Comment by Inca2020on Sep 11, 2020 12:00pm

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Post# 31542807

RE:RE:RE:RE:RE:RE:Lets just be clear

or is the science guy hoarding the budget... thinking marketing is some kind of non science hoopla that the company doesn't need.

Inca2020 wrote:

By the way all that being said... EDT does have potential and I think one day might succeed. Also, many great steps have been taken this year that I think add value to the story. It's just that no one is telling that story, and no one is listening.

Generally my time horizon is pretty long but the opportunity cost of not owning 100% of my portfolio in gold right now is too high.

For some reason back in April, when I bought even more instead of pulling out entirely to take advantage of the money printing and the unavoidable increase in gold price to come, I thought management would seize the opportunity to list on a real exchange in the US.

Mainly because the new CFO seemed more proactive than the sloth pace at which the capital markets side of the company worked before. Also, they surprised me by having a PR actually pursuing the Covid effort. So I though... maybe for once they see that a half hearted effort is really no effort at all...

I say half hearted effort because the company really has done some outstanding things this year... they've truly hit it out of the park by cashing up nicely.. aligned themselves with majors... taken proactive steps to list on senior US exchange.. gotten DIMI hospital approval... all amazing

yet they chose to think that the press releases would market themselves... minimizing the ears that this news falls on... negating all their efforts in a share price that's actually, and astonishingly dwindling. You'd think one of them would have sat down and said... hey guys I think our capital markets strategy sucks? What can we do to improve? Or is it the same people refusing to take responsibility?

If I were a scientist working hard and getting results while on the other hand my share price was dropping as if I weren't I'd look at the marketing guy next to me sitting there and ask... while I'm delivering on my job to make yours easier, what are you doing for me?

Who knows maybe things are going in the right direction and price hasn't caught up yet. Let's see what the next couple of months bring.

Inca2020 wrote:

Yeah I do, I have to admit.

It is unfortunate I own so much of this stock. Since April, as I said to the board when I did it, I've gone 90% gold/silver. The only exception is one decent sized six figure position here holding on until November to see if there's an uplist to NASDAQ.

I don't need to tell you what the gold/silver stocks have done. Primary/Flagship pick was NGD at .77 cents. Some other moron on the board said NGD wasn't good completely failing to see the market inefficiency in what is otherwise an amazing turnaround story. @ the moment $2.50.

Dudeman wrote:

Dudeman wrote: I have some low "Lying" land in Florida for you Inca

feels hopeless? Ask: 0.4087 x 219500

That is the point.