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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 > FDA appointed DSMB leads don't get 400K 46 cent options...
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Post by SouthernTierTom on Jul 23, 2021 2:22pm

FDA appointed DSMB leads don't get 400K 46 cent options...

when a stock is $2 to $5 ....

Management doesn't get millions of 63 cent options in back to back years when a stock is $2- $5..or better yet years of 30 and 40 cent "risk-free gifts"

The CEO's former company doesn't lead financings at 60 and then 42.5 cents when the stock is $2 - $5

People don't call companies "FRAUDS" or claim BOD "CORRUPTION" ( like you have ) when the stock is $2 -$5...though there is nothing worse than this was NO company action taken against you..."get out of free jail card"...proceed straight to Park Ave. : - )

I'm not the brightest farmer in the Greater Ithaca metropolitan area..BUT I do understand basic addition done so at ridiculous levels whilst a company INTENTIONALLY removes itself from any US exposure..."until now" ; - )

I have more, but am entertaining and have limited time to type.

I would point to the 946K shares the Albertans scooped from their sale of Meddwell prior to it being absorbed by the quiet Birch group.  I woould also point to the "extraction" of the 10 million or so EDT shares that Mavrix funds moved to Meddwell before they were moved to the Birch group...more on that if you wish to inbox me.

I'll be back...learn the basics of addition and the importance of low SP as it pertains to "getting more for your little drama production"

Bon appy,
Tom
Comment by money4golf on Jul 23, 2021 4:05pm
  But we were assured by Seto at the AGM that there is NO benefit to insiders with the low share price. Right....
Comment by Accountprince on Jul 23, 2021 4:32pm
Buy low...sell high. So if insiders sell low they suffer the same as Joe Q public so I see where Seto feels there no benefit in a low price in that circumstance. But, hypothetically, if insiders can buy low when the share price happens to drop or President's List purchasers buy low (F&F?) or options exercised when price is low so capital gains treatment then there is a big benefit for all ...more  
Comment by mercedesman on Jul 23, 2021 10:41pm
"But we were assured by Seto at the AGM that there is NO benefit to insiders with the low share price. Right...." m4g For me, see-two (handle)'s credibility took a huge hit when he uttered those words and then followed up with an under- priced, overnight, highly dilutive, "Presidential List", retail unobtainium, financing.  I have no less doubt this week, that ...more  
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