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Spectral Medical Inc EDTXF


Primary Symbol: T.EDT

Spectral develops devices for unmet medical needs. Sepsis occurs in 1.7M Americans/year causing 250K deaths, often caused by endotoxin. Our devices measure and remove endotoxin from the bloodstream. An FDA confirmatory trial is underway. Dialco, a Spectral sub, offers SAMI, a novel instrument for renal replacement, cleared by FDA. Dialco is seeking FDA approval for DIMI a unique home dialysis enabler. These devices have large commercial potential


TSX:EDT - Post by User

Post by hmmmmmmmmon Oct 04, 2022 12:05pm
291 Views
Post# 35004297

But can you make payroll?

But can you make payroll?It must be very exciting to announce 4 patients enrolled in the last 7 weeks- even though your own  "worst case" projections were .5 per clinic- or 7.5  new patients per month.

But most investors would love to hear if you can make payroll.

From the Q2 filing (linked below) states 3,466,000 cash on hand as of June 30
Operating cost of 3,241,000 for previous 3mos

  3,466,000  (June 30)
 -3,241,000 (July, Aug, Sept aprox.)
------------------
   $ 225,000 

Trying to square how a company with a 100mil market cap would not be communicating with their shareholders when these are their most recent financial numbers?


https://spectraldx.com/wp-content/uploads/2022/08/spectral-q2-2022-results.pdf
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