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Bullboard - Stock Discussion Forum 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... see more

TSX:EDT - Post Discussion

Spectral Medical Inc > Warrants expiration date
View:
Post by daviking on Feb 17, 2021 11:07am

Warrants expiration date

There are 7+ million warrants with an expiry date in April 2021 (2 months). They are priced at $0.45. Opinions on whether those warrants will be exercised? Seems like a no-brainer at the price today. Can the date be extended?
Money goes into the coffers of the company, right?!
There are options but I didn't see a date of expiry in the  "Investor Presentation "
Comments!?
Comment by SouthernTierTom on Feb 17, 2021 2:06pm
You've been here for 20 years making negative comments about your investment and now you are asking people where the "option  money" goes?...in the bear on your dresser David Perhaps we over-estimated your prowess ; - ) This was the most efficient non-brokered event in the history of the "TSX" ( formrly TSE )... The 5.3M CAD affare was opened, closed and then " ...more  
Comment by Domino55 on Feb 17, 2021 2:52pm
I hope that they are planning something more substantial than using warrant funds for the second tier of the OTC. Weren't they there before? their listing options must have been a discussion point between Dr Walker and Dr Kellum. If he is being paid via options I'm sure he is expecting an uplisting to a visible exchange. he is not leaving his present position to enter penny stock ...more  
Comment by daviking on Feb 17, 2021 3:54pm
Wow, I am really taking up a lot of time in your brain! Ask a couple of simple questions so everyone knows what will/could happen and you go off on a rant! LOL
Comment by Spamme54321 on Feb 17, 2021 3:54pm
Options don't expire until Feb 5, 2025. Of course they will excercise the warrants and yes the money goes to Spectral. If they didn't then it would be like throwing free money away. I posted on again on Reddit pennystocks which has 1.3 million members. Even if 1% wanted to invest in EDT that would dramaticly increase our volume and price. https://www.reddit.com/r/pennystocks/comments ...more  
Comment by daviking on Feb 17, 2021 4:26pm
Thanks Spamme54321 for your input. Verifies what I was thinking. And good of you to put the blurb on Reddit. glta
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