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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 Accountprinceon Sep 13, 2023 1:40pm
116 Views
Post# 35634264

RE:A bunch of SHOBS

RE:A bunch of SHOBSThanks MM.  Unfortunately these (this) SHOBS are not that good.  After asking them (him) for help to bash down the share price into the 20's or very low 30's it's barely moved.  Even worse, they seem to be talking absurdly about other things and not even doing a direct bash.  One even claims to know the whereabouts, movements and major personal expenditures of all the insiders!  Talk about beating around the bush....

We've moved down a penny since the ask.  If I was generous I'd give them (him) credit for that.  But given the pathetic effort to date I can't in good conscience award it to them (him).

Looks like the chances of picking up more in the 20's or very low 30's is slim to none.  Too bad as real shareholders like ourselves didn't get the chance to pick up a 9% annual coupon while maintaining the ability to convert an at the money conversion price.  It's like getting paid twice for the same thing.
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