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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

Post by Accountprinceon Sep 14, 2023 3:16pm
177 Views
Post# 35636782

EBITDA Bay Street

EBITDA Bay StreetHad to clean up this post as the Community watchdog didn't like it.  I think it was Bay Street's initials in HIS title they found violated standards (so why is his still up?).  Anyway see below cleaned up:

Looks like Bay Street Wild sold his shares at $0.375 so he must have exited the scene.  His compatriots seem to be holding their own version of a vigil for him.


The oily guy is indignant with MM for using the publicized information for EBITDA provided by those running Spectral in his calculations.  Didn't say where one should go to find numbers he considers reliable.  Crystal balls?  Reach upwards and pull some down?  Where oh where...

Hmmmmmmm is calling out MM for not taking account of Baxter's share of revenue.  It's already taken account of in managements numbers!!  And he was the one lobbying to be our shareholder activist?

Gotta love Stocktree.  He's admonishing MM for using EBITDA - a standard used in every business deal, investment dealer, valuation metric and business M & A on the planet earth.  Apparently he found a quote from Buffett knocking it so it invalidates the rest of mankind.  The Tree Oracle speaks...
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