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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 Stocktreeon Jan 08, 2021 2:43pm
156 Views
Post# 32255767

RE:RE:RE:Thumbs Down for management

RE:RE:RE:Thumbs Down for managementIf you’ve read anything I have posted here, you will have noticed that I cannot be someone of the inner circle. I do not have that expertise, nor the emotional capacity to play with other people’s money. Plus, I have criticized EDT’s management more often than not.

I do not contribute any solid data here anymore or ask technical questions, because I do not feel it matters anymore what new details come out about the potential blooming of this company. I once was really interested, but now I am mostly tired of their losing streak (commercialization and return on investment).

So no, you cannot count on me to enlighten you with some explanation on why the situation is at a standstill, or what is coming next, or when this is going to pop, or what the manipulation or not of this play means.

I will come here only to call BS on the pumping of this stock by proven-to-be dishonest posters and to make anyone visiting this BB aware that this company’s management team and Board has been more than not disappointing (for lack of a stronger word), and that the main conclusion you can draw from that is not that investors here have probably fallen upon what would be a hidden treasure, but that the past is most probably an indication of the future: retail investors will most probably be disappointed by this play in the end, if there is ever one (end).

So you may like this point of view or oppose it for whatever reason, good for you. But I will not stand by and let pumpers scam unsuspecting small-time investors into thinking this is not a risky investment opportunity. I hope everything turns out very well, and if it does, I will congratulate the genuinely optimist posters here and all those who have stuck with the company. But I have followed and sometimes invested in too many weird Canadian plays that strangely conspiracy-obsessed posters commented on to not know when BS is used to capture the imagination of naive passersby.

And I will not distort your nickname to identify you anymore, but your use of that device is a sign you might be closer to the dishonest posters than you let on. Your future behaviour here might prove me wrong. I can accept that. At my age, I have been wrong many times.
 

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