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Bullboard - Stock Discussion Forum Spectral Medical Inc T.EDT

Alternate Symbol(s):  EDTXF

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

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RE:time's up.

hmmmmmm - I agree with you - normally any equity raise has been done well in advance.  And this need for cash was known a while back.  So if it was going down that way likely July would have...read more

time's up.

If you look at the Spectral's Q2 Results they reported $3,466,000 cash on hand as of June 30th.  Their operating expenses for the past two quarters averaged around $1,080,000 a month- which...read more

And here we are again…

back down to .42! Like a friggin' yo-yo   rate and reply

Huh?

Hopefully a pivot into the new normal of narrative is happening?  rate and reply

RE:Who was

Some turkey?  rate and reply

Who was

gobbling up shares at .51? and what do they know?  rate and reply

RE:RE:RE:Now Hiring Lab Tech - Packaging

That's a great sign. I suppose it sounds classy, to say Professional.  rate and reply

RE:RE:Now Hiring Lab Tech - Packaging

Ya low level tech position. Another possibility is that it is for the labelling and packaging for the upcoming DIMI trial items. There is a plan to ship stuff out.  rate and reply

RE:Now Hiring Lab Tech - Packaging

Thanks Pez, Hope your take is correct but I wonder how they will attract a !professional! for $15-20/hour Salary $15–$20 an hourJob type Full-time Full Job Description Spectral Medical...read more

Now Hiring Lab Tech - Packaging

Hiring labour for packaging maybe indicates that they will be shipping something out. Hopefully this means some sales? Laboratory Technician – Packaging...read more

odds on

Back in July I would have had the probabilty of an equity raise at 95%.. Now, 3 weeks into September I'd put it at 10% . Possible, but less and less probable. Let's see what this next week...read more

RE:RE:RE:RE:Which Trick Pony will get recognized first?

Well thought out AP  For me, I'd still reverse the order... but at the same time I hope you are right. As to getting low on cash. No doubt.  Also Some short term cash raising...read more

RE:RE:RE:Which Trick Pony will get recognized first?

I think all the informed shareholders here have noted that this current funding process is unfolding much differently than in the past.  Given that funds will be necessary by mid-October we are...read more

RE:RE:Which Trick Pony will get recognized first?

MB of course ! The question remains whether Seto has found a creative solution with one of the strategic partners who should be well aware of future potential & value . MM   rate and reply

RE:Which Trick Pony will get recognized first?

MM... The other missing piece of the puzzle is how is Spectral going to fund it's operations until one of the options in your post comes to past.  We should know soon.    rate and reply

Which Trick Pony will get recognized first?

... by "strategic partners" and then by the financial Markets, including the all important US investor? .... 1.  PMX/EAA Addressing Unmet Need in Treatment of Endotoxemic Septic Shock...read more

RE:No board

The silence is deafening/worrisome! It is way the company operates which is shameful!  rate and reply

No board

would let management fly this close to the sun in this unsettled market. So what's the deal- on the deal?  rate and reply

What in the

HECK? No raise, no PR on sales?   rate and reply

RE:RE:Will there be ....

Anyone interested in the slide presentation for Dr. Kellum's presentation yesterday: https://drive.google.com/file/d/17V1723cB6rMHH6VPNw3U31LWh-0sjfl7/view  rate and reply