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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 Accountprinceon Oct 23, 2021 11:50am
274 Views
Post# 34040713

CEO

CEOYou know the one empowered to create value.  The one at the top of the pile for fiduciary duty.  The one charged to get us over the finish line(s).  The one responsible for all activities.  The one with vision and the ability to take us there.  The one responsible for our efforts in our markets.  The one we want to respect for multiple achievments on our behalf.

You know the one given the greatest compensation.  The one given equity at favorable exercise prices in the hope they will be incented to create value for all.  The one that should issue at FMV.

During the current CEO's reign and rise from the ranks we've gone from nearing $1 per share with huge upside prospects ($4 per share accordingly to expert opiners).  This should be basking in the warm and bright achievments that were right there to be grasped.  Failure of the products?  No.  Markets not there for the products?  No.  Not enough technical expertise on the team?  Hell no.

Progressing science, expertise and products with rising prospects.  A falling share price with several knee jerk giveaways for "strategic" investors that have taken this down to $0.30 per share.  This is progress?  Prudent management?
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