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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 Jan 09, 2023 10:12am
189 Views
Post# 35210918

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

RE:RE:RE:RE:RE:RE:RE:RE:Any guesses"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." - hmmmmm

Some might say there is only a fine line between "rotten to the core" and humans acting, as the oft do, in their own best interests.  As this is an end-game play, I like to think that my interests are aligned with key groups.  And I don't have to do any of the "dirty work".  We can only speculate as to what is really behind the delays and the nature of the deals being finalized.  Regardless, I am comfortable with the risks (bought some .325's a few weeks back). I believe that the "deal(s)" will be unveiled in its(their) full glory, in due time. 
On the other hand, given your disclosure concerns
, and since the BOD does not seem to share your concerns, and does not appear to want to act on what you perceive to be gross incompetence at the management level, perhaps now would be a good time for you, STT, and BSW to rethink your investment in Spectral?

MM
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