Spectral Medical Inc T.EDT

By and large

[TechOne]

I am happy enough with the presentation.. For once they seemed to have made a bit more serious effort.. They also seems trying a bit more to get the message out..  All 3 gave fairly stragiht forward update..  If they live up to what was stated about a number of items, we should see a steady move up from here to next spring.. 

I do agree that move to a US listing should be timed.. Not sure about the reverse split part since he was also referring to shae price of 0.50 + so I don't quite know what he was talking about..  Whether listing without a reverse or what ?  Any case, may have to revist the recording and hear it all over again.. 

Few missing points that they skirted over, I guess hopefully we will know if they do provide some regular updates.. 

Question now is whether I should add more.. We are still in tax loss selling with only the people who follow the story picking up shares on the cheap and volume is still ho hum but today, shares were stirring a bit and attempt to get up.. 

FWIW, I will probably be picking up some more shares..

[daviking]

Tech, you said," Not sure about the reverse split part since he was also referring to shae price of 0.50 + so I don't quite know what he was talking about.." I'm nost sure but my view is that with the minimum quantity, 10 for 1, that would get the SP to $5. zminimum zdp got Nasdaq has been bandied about  in many different companies I've followed, but if $2 or $4 would be

[BayStreetWild]

the 50 cents was reffering to a market cap requirement for listing on the NASDAQ and had nothing to do with the rollback. All he was saying was that with the amount of shares we have out today we would need to hit 55 cents in order to qualify for a listin, as opposed to before the financing where we had the required MC at 70 ish cents. Price x shares out = MC. Off the top of my head I think it'

[Domino55]

To proceed with a reverse split they need the company valued at 4% of NPV. Currently it sits at 2%. that is too big an ask for the talent in charge. Spectral is currently a micro cap with a pre clinical valuation and "apparently" very little in the near term catalyst pipeline.  what they have accomplished with the share price is disgusting.

[mercedesman]

It's actually quite the amazing accomplishment.  They are to be commended. It’s not easy to turn a swan into an ugly duckling. Baxter ? The lion's share of the revenues shows up as a liability on the Bal Sheet., not as Income on the Income statement).  Nice job. Covid-19 ?  Well that’s a negative in the sense our Trials are in virtual stall mode (at least

[Accountprince]

Great post as usual MM.  You are spot on the money even if Spectral management and governance aren't. Or are they?  If deals already lined up with Baxter and perhaps DaVita then no need to do a Nasdaq listing.  Why bother if the range of proceeds have already been defined? And all signs - in spite of encouraging words - point to no listing actually planned to be done.  But

[Domino55]

Correct AP: Insiders benefit hugely from a low SP and they always have at Spectral. Aside from Dr. Kellum and Ms. Foster I'm glad to see others refuse to buy what they were attempting to sell. The bashers seem happy, as if somehow they came clean and cleansed themselves with that presentation. Another Joke!

[mercedesman]

THX AP  Appreciate the thoughts It would seem, based on your analysis,  that the interests of minority shareholders and Mgt are not exactly aligned, despite comments to the contrary. Another thought that I had was there is a high likelihood that Capital Gains inclusion rates will increase to at least 75% in the near future, perhaps higher (to pay for the wild Government spending and