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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 Inca2020on Nov 19, 2020 3:18pm
107 Views
Post# 31934614

RE:RE:If there was ever a time to sell DIMI

RE:RE:If there was ever a time to sell DIMI

HAHAHAHAHA. Oh god I needed a good laugh today. Thank you for that. 

I meant hopefully their sales team comes together to sell a few hundred machines during a time when a good sales pitch could entice a few nursing homes to do it. 

Never in a million years would I set the bar that high..... Imagine that eh, 100M+ I sales. Hahahahahahaha that's so good. I almost spat my tea out through my nose. Listen bud, when I see job postings from spectral for 100 new sales people I'll be the first to throw my house into the stock. 

As for me selling my shares. I saw the price dip and didn't want to pile in with everyone dumping the moment their 4 month hold came off when they realized what they bought. I'm sure the stock will be back to my purchase price at which point I'll fully get rid of it. 


mercedesman wrote:

Inca2020 wrote:

It would be today.

Imagine all these skilled nursing facilities that risk the lives of their patients transporting them during a pandemic. Aside from the obvious pain inflicted on their family members from the loss of a loved one, but a patient lost, no longer pays a monthly. It's a win win for the families and the facility. 



First off, they will sell the twins together - almost for sure.

In any event, reading between the lines, it's likely coming down to ...

1. Sell the twins now for $ 300 M?, or

2. Sell the twins in 2021 for $ 800 M ?  (with full FDA approval and HHD sign-off approval.) or

3. Sell the twins in 2022 for $ 1.2B ?  (with approval plus $ 100M+ in sales)

With Baxter financing the Tigris PMX Trial, I know what I'd do.

DYODD the numbers above are just off the dart-board.

MM


PS  Inca, did you buy your shares back already ?


Bullboard Posts