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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

Post by jonnieboyon Oct 18, 2021 4:53pm
229 Views
Post# 34019973

This is the most painful stock I have ever owned

This is the most painful stock I have ever ownedI have had this stock for more years than I can remember, and here we sit near our 52 week low once again. The science and approvals we have seems remarkable, yet we continue to stumble along with a management team that seems to be indifferent to the share price. I have long believed we should be able to grow the share price organically enough not to have a 20-1 reverse split to uplist but alas here we sit at .31. I do not beleive US investors do not have access to important information with respect to the company and there are some very odd trades that do take place in the last seconds of trading but I do not believe in a big conspiracy either. Perhaps the science is not as remarkable as we thought or other investors are waiting for more news ? good luck with that. At this point for me it has been dead money for many years and yet I do believe in my investment will do well at some point but not buying anymore even at this low price. I sure hope our new american investors are as patient as a lot of us have been  they are down over 10 % and not known for holding stocks that do not preform. I think it is time for some arm flapping or anything else that may give this thing a lift..... ps MM you have been reading to many STT posts you are starting to write like him     Cheers    Jonnieboy
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