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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 mercedesmanon Aug 02, 2021 12:07pm
145 Views
Post# 33639880

RE:RE:RE:RE:RE:RE:Insider Buys through Recent Offering

RE:RE:RE:RE:RE:RE:Insider Buys through Recent Offering

You're starting to get it Tree, but you're still not quite their yet. 


here's where you've gone wrong:

- they don't buy low for the purpose of flipping after a "pump". They buy to accumulate more ( a higher % of the overall float, for the endgame.) and to get the warrants ( which makes it easier to eventually acquire a higher % without an upfront capital outlay)  I don't see a lot of selling, do you? 


- I never pump... I calls them the way I sees them. If being an endgame advocate makes me a pumper in your books, so be it.  I can't help you. 


- if there was a lot of pumping, I'd be more concerned. Ironically I view the presence of the BSW's et al, and posters such as yourself as a confirmatory bullish signal. Certain peeps need guys like to shake lose some shares, lower the various offering and strike prices,  which in turn helps other peeps to acquire a much larger share of the spoils in the end-game phase. 

MM 

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