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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 12, 2023 9:32am
140 Views
Post# 35218055

RE:RE:RE:RE:The board …

RE:RE:RE:RE:The board …

What's happening here is... altruism in every sense of the word. 

It's wonderful to see this type of sharing, and caring, and love. 

 


BayStreetWild wrote:

Yeah, but you have to remember the economic good that investors are doing. Think of it like the government thinks of QE. You, as an investor, were saving your money and as a result it wasn't being used. Essentially you've slowed down the velocity of money. The silver lining here... is that when you invested that money here... you paid salaries for a lot of employees.

You did a lot of good for the high paid C suite employees especially... and they got to use that money at the cottage, and golfing and maybe even vacations down south. So while you were wasting the potential of that money... they are making good use. That's helping us with not being in a recession and it bodes well for trickle down economics. Because executives redo their kitchens and then the plumber gets paid too. Pat yourself on the back, you did well. 

You see, the old CEO... if I remember... he was really good at this. Wasn't he living down in Florida? At some point it would appear that he went to work really hard down south to be closer to the warmer weather where his mind was clearer. Seto should move to Florida. It will keep the company working very hard.

oilandgasman wrote: While burning a million bucks a month.




 


 

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