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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 Jan 09, 2023 12:43am
191 Views
Post# 35210376

RE:RE:RE:RE:RE:RE:RE:RE:Any guesses

RE:RE:RE:RE:RE:RE:RE:RE:Any guesses

I used to get worked up about this guy, and I'm sure you already know... these are paid shills. He will never ever ever be "convinced" of anything but his script.


hmmmmmmmm wrote: MM, this opinion that you often repeat about management sandbagging to increase cheap insider ownership, and that this is somehow a better explination than incompetence- is a terrible opinion at best.

To propose that you’d prefer a management that would intentionally lie and manipulate both the trial's pace (at the cost of saving lives of potential patients), and share price (at the cost of shareholders) is unconscionable and lousy investing advice.


As an investor I’d much rather own stock in a company where the CEO fails at his job and is replaced, than one where management is rotten to the core and colluding to enrich themselves. 

I will add, that if it is your belief that Spectral's management is involved in these shady practices- you should be very nervous about "whatever" just happened with Dialco, especially with management's lack of disclosure of the material details of the "deal".

MM:"
For example:

 - opportunity for higher internal concentration of ownership at LOW prices (via dilution, options, tree-shaking, etc.).  In the words of someyungguy - "they own it all""

 

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