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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 BayStreetWildon Sep 29, 2021 1:41pm
163 Views
Post# 33937604

RE:RE:Wait till tax loss selling starts.

RE:RE:Wait till tax loss selling starts.

I currently own a substantial position. If I dropped the hammer on this stock with my shares the price would easily be in the low 20s. 

Cheering it on is not the same as sarcastically pointing out that the last time the price dipped 10% on no news, uninformed investors found out the same afternoon that a financing was about to take place and dropped the price 40%. Let's hope that tomorrow we don't get additional news that does the same. 

The old ceo used to get paid 700k a year from private placements that retail investors put in his pocket. I'm not sure what the new one gets paid but if it's the same... how much do you think $70k affects the current one? Why don't you finance my venture with 10 Million + 3 Million in warrant exercises while I pay myself 700k a year and... you know what... to sweeten the deal I'll throw in 100k into the financing? 


Accountprince wrote: Hey BS Wild - you are cheering on a price rollback? - "Bring on the rollback!".  Then on your next post you talk about the "carnage" in this end of your portfolio.  I don't think you own any.  Cheering on a price drop and not selling when you predict this going to half is irrational for an investor.  The only conclusion is STT is correct - you are a planted escort.

And by the way screwing around with "teens" usually gets you into trouble with the authorities... 

If there was an ounce of truth to your assertion then I'm sure there would have been an announcement by our CEO who's been actively acquiring at low share prices and who's done successive share issues at $0.60 and $0.425 respectively in a little over a year.  Insiders actively buying - a sell signal in your world?

 

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