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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

Comment by Inca2020on Nov 15, 2020 10:37pm
113 Views
Post# 31904644

RE:Oh so “their people control the vote”...

RE:Oh so “their people control the vote”...

Yeah, I mean spin it any way you want. I guess that's the angle you take to make it seem undervalued? Maybe it gets people that think "oh man they're trying to own it all" so they buy in until a few years goes by and they have are sitting on dead money? You have not had much luck with it in 20 years, but hey, maybe without your effort it would be at 10 cents right now. Good on you for your relentless efforts.. most wouldn't do it without being paid, right? 

All aside, the market cap is less than 100M while in phase 3 and listed on the TSX. That's hard to do unless Bay Street reallllllyyyyyyyyy wants nothing to do with you. I imagine it to look like:

spectral calls a banker

banker sighs and immediately rolls eyes

nothing happens because in a world of alternative investments one look at the 20 year chart and you get nausea. 


inspecthrgadget wrote: I always wondered who first said, "they own it ALL"

I just hope our shares are as valuable as "theirs"

Ive never seen such an effort to own so much paper at the best possible price...always figured it best to get some of what they seem to desire constantly

Nice too to own it below their ACB ... let them make the bumbling, stock price reducing, marketing maneuvers so we the shareholders can take their scraps.

You seem to understand exactly what the program is all about

Were you part of the Hemosol / PLI Canadien pump job too?

Howbout TRIL, you get a piece of that action?

 

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