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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 hmmmmmmmmon Jun 12, 2023 1:18pm
157 Views
Post# 35491805

RE:Low Share Price Because...

RE:Low Share Price Because...I'd agree that we are witnessing rookie Seto and an inutile board tank this company in real time.

I think they made it abundantly clear to all that their goals are their own- not shareholders. How else do you explaine the self-serving of millions and milions of options- while clearly failing to achieve any of their stated trial goals over the last 3 yrs.

Real management would have respected that shareholders had been crushed by their failures- and would forgo awarding themselves outrageous bonuses- instead of seeing it as an opportunity to pillage.

With the lack of true leadership and the need for another desperate raise- it's hard to imagine anything but real damage- even from these pathetically low prices. 

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