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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 Feb 26, 2024 12:53pm
119 Views
Post# 35899419

RE:Bashing Up and Share Price Down

RE:Bashing Up and Share Price DownCome on AP, you've been stumbling around this board long enough to know that the "bashers" or the "pumpers" don't move the SP or hudreds of thousands of shares. This game is not that simple friend.

But Insiders with info and motive...


Feb 6: on news of 88 enrolled we hit .67 
 
Feb 15: when 90 enrolled is announced- we’ve dropped to .60 - and we get no bump?

NO bump at the big milestone??

Clearly Insiders were already selling off - knowing Spectral would go back on the word and share no raw data.. knowing Baxter would only contribute the measly 2M and that the PR would be designed to make it look a contract update- not a milestone.
 
Feb 21: The glorious "Catalyst" that Seto had heralded for years! The mighty “Milestone” was announced! 

And we drop from .60 to .485...

AP, go re read the PR- that might help you find the culprits, the bashers you are looking for. It takes a focused effort with a clear desire to deceive to turn a story about hitting a milestone, results that are exceeding expectations, and a potential buyer/ partner investing more - into that mess of boring, administrial, contract amendment nonsense.

That didn't happen by accident, or because they're not good at writing news releases. 

So the big question AP.
When you truly look at the facts, and you see who is actually pulling the strings to tank your SP... If it's the same management that you've entrusted your money with- if the same management you hope will make you rich is actually playing against you..

What do you do?


 
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