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.

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Spectral Medical Inc > Bid Ask US side.

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Comment by Accountprinceon Jul 18, 2023 3:53pm

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Post# 35546683

RE:RE:RE:RE:RE:Bid Ask US side.

Interesting. This almost looks like goal posts for the US exchange share price. Given the size of the Bid and Ask it would take lots of money to drop it below US$0.22 or take it above US$0.23 per share. In today's exchange rate that is goalposts of Cdn$0.29 to Cdn$0.30 per share.

Almost seems someone wants to get it range bound for some purpose. Perhaps the next financing at $0.30 Cdn per share? Only plausible explanation I can come up with. Any other ideas?

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