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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 Nov 04, 2022 3:15pm
203 Views
Post# 35074159

RE:RE:RE:RE:RE:RE:RE: I wonder what that portends after we get through the ...?

RE:RE:RE:RE:RE:RE:RE: I wonder what that portends after we get through the ...?
thx for the feedback Rikkie.

"Thanks for taking the time for writing such a thoughful and detailed response. Just so you know, I am not an inexperienced investor. I have already averaged down, and my EDT holding is not critical to my financial plan."  smart - FP's do their clients a big disservice when they say you should never average down.

"I also doubt that my comments here have any impact on the share price as so few shares are in the hands of ordinary retail investors." Agreed.  Although the presence of certain posters helps me to better time my buys and sells.

"You obviously spend a lot of time on ths board, are a very frequent poster and huge supporter of EDT.  I would say that I am at times as frustrated as others, but still very optimistic. It's obvious to me that current SP does not reflect the underlying value.   One day it should, as long as Mgt. does their job.

I can only hope that you are sincere and have no hidden agenda as others have accused you."  I get accused of a lot of things. But I have no agenda other than to acquire cheaply and eventually sell higher.  Most of my posts are an attempt to remind others that there is indeed some underlying value that has yet to be realized, despite frustrating delays and Yes some missteps.  Biggest frustration is BoD 's apparent decision to defer value discovery until the bitter end.  Being a glass half full guy, at least so far in 2022, it's holding up better than 98% of other equities.


"Wishing all of us long suffering shareholders a huge payday (soon?)."  Ditto
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