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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 BlueJays9293on Jan 09, 2024 6:04pm
137 Views
Post# 35818353

RE:RE:New Batch of DSU's Jan 3 2024 for Directors

RE:RE:New Batch of DSU's Jan 3 2024 for DirectorsI think this stock rights grant is given for attending a quarterly BOD meeting.  Just look at the date of the transaction.  January 3rd lol.  So the BOD felt it was really urgent to hold a meeting, have all the directors available to participate, two days after the New Year holiday?  Most of these people were probably still on vacation at the beach.  Lucky for them Zoom is available lol.  Shirt and tie on up top and a pair of shorts and flip flops on below the desk lol. 

We will never know for sure but IMHO they rushed this meeting because they stongly felt the stock would do nothing but go higher.  You guys come to your own conclusions but this is what it looks like to me and if true, then it's a good sign for all investors.    
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