Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Accountprinceon Apr 15, 2022 1:20pm
137 Views
Post# 34606642

RE:RE:Sell this thing and let me out.

RE:RE:Sell this thing and let me out.Pez I agree with you 100%.  But they don't seem willing to do anything to raise the share price anywhere approaching where it should be.  In fact, the share price manipulation by parties unknown continues and the share price hovers in the $0.30 to $0.35 per share range with no apparent concern from any governance authority at Spectral.  So imagine this just continues and the chorus from the bullboard becomes this is the value and never mind what you paid for it so get over it.

Then if calls start to happen to take us out of our misery for a ten bagger on the current price ($3.00 to $3.50 per share) AND a private equity fund does that offer AND management participates in that buyout (Seto and Kellum) perhaps they will be able to acquire enough 3rd party to get over a 90% ownership threshold for the insiders.  Then the new guy - experienced in going private deals - can help to take this private through a squeeze out.  Voila - the whole company for under $1 billion Cdn.  Speculative fiction at this point in time - I think.


<< Previous
Bullboard Posts
Next >>