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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 Sep 09, 2021 12:37pm
109 Views
Post# 33833978

RE:RE:I suspect...(corrected)

RE:RE:I suspect...(corrected) "For many,many years positions have strategically been taken ( see 8M shares to 270M outstanding ).  Amazingly, the tightness of ownership has only strengthened ( RARE ).  For the very first time that I can recall a 23M share "care and $hare" package has been delivered to a US key institutional player and done so buy way of a "bought deal"  I suspect the US player didn't blindly spend $10M on a PINK sheet listed chronic market loser with too many scientific successes to count.  I suspect the eventual and likely near term goal is to allow the US player to make as much money on their $10M care package ( see 23M shares ) as possible.  The result of success for the US player would very likely be beneficial to the "team" ( see inner circle ownership from 8M shares to 270M shares )  I'm just Spectralating of course and using sum common cent$ as a guide.  TELL you what tho...if we decide to continue on the current path for longer than hoped, it means the story is even larger than you think, as I suspect the US player would be privy to any "strategy" and aware of the "time value of money"..."

Well articulated Tier guy.

One small change (that is no small change). The latest Bought deal (plus special Presidential allocations) brings in closer to 35-40 m new pieces of paper (what ever happened to the save our trees movement?) with a fully diluted o/s amount of close to 300M shares today.  Pretty sure AGP didn't buy at .425 to accept .33.  Even getting ahold of the valuable warrants would not justify that exchange.

But your points are well made.  Common sense dictates that there is much much more to the story than the market has thusfar figured out. Using my preferred analogy... it's a dimly lit room, and not all the puzzle pieces have been assembled.  Without the box cover (a well articulated vision), puzzlers can't make out the final picture.  Would you buy a puzzle with no box cover picture? Do we even want anybody to buy our puzzle (who hasn't been pre-vetted or tapped)?  And of course, there is the matter of when will the missing peices be provided?  Sooner or later?

Lets see if more peices are revealed in the upcoming 4 presentations, new RWE and an updated Corp. presentation. I think the new AGPer's will eventually demand that we turn up the gaslights to complete the puzzle, instead of flickering around with them.

MM
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