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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 Accountprinceon May 28, 2021 3:59pm
147 Views
Post# 33288122

RE:RE:RE:RE:RE:SP off 30%+ since Seto became CEO

RE:RE:RE:RE:RE:SP off 30%+ since Seto became CEODom - the share price doesn't flap aimlessly in the wind.  It's firmly nailed down at the level the manipulators want each day - today is 45 cent day.

MM - I agree with you that we have a compelling story to tell.  I also agree with you that doing that would raise awareness, hope for the afflicted, tools for the health professionals and...a much higher share price for shareholders.  But insiders and friends and family would have to receive future party favors at a much higher price.  So why put yourself in the position of paying for a single when you can get a dozen for the same amount of cash.

It's a dull and dreary Friday afternoon.  So let's drag out some wild theories - I'll go first.  Perhaps the hiring of Dr Kellum wasn't to promote the suite of products.  Perhaps the plot in this cheap novel was to have the evil empire buy him so they can secure his silence and keep the great news secret.  Now a silent pawn over with the dark side.
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