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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 > Under promise and
View:
Post by BayStreetWild on Dec 08, 2021 11:08am

Under promise and

Over deliver. It's the name of the game. Any management worth its weight in salt knows that.
Comment by Domino55 on Dec 08, 2021 11:17am
It seems to me that dead money for a year at all time lows is the new narrative. A Phase 3 confirmatory trial that is fully up and running and performing better than expected could be sold as over delivering but sounds like you guys think they'll make the worst of it and bite the bullet at 2% NPV for another year.
Comment by Accountprince on Dec 08, 2021 1:53pm
So you're happy if there's no performance, time drags on, nothing much achieved, the share price stays low, management and the board are given more options at $0.22 per share, new capital is raised at $0.20 per share with warrants to support liquidity so long as they're straightforward/sincere about it? Man those new meds are really powerful.
Comment by Domino55 on Dec 08, 2021 2:15pm
Those apologizing for management make the following points: Things are going OK but not great. Management have come clean and should be recognized for doing so. No news or share  price movement for 12-24 months. Put away your stock and come to check in 12 months from now. 2% NPV is fair value considering how early stage they are with both PMX and Dialco. Still much uncertainty but they& ...more  
Comment by hmmmmmmmm on Dec 08, 2021 3:10pm
I have a record of calling out management harshly- for not delivering on enrollment numbers and for not being transparent. They cleared up a lot of the transparency issues for me on the 10/30 conference call. I did not see the hedge on any questions, in fact I heard them address tough questions that weren't asked but were raised on this bullboard. Their answers were logical and it buys them ...more  
Comment by Domino55 on Dec 08, 2021 3:19pm
Hmm what do you think of the current valuation at 2% NPV? Do you think they'll decline their 2022 options at these levels? 
Comment by hmmmmmmmm on Dec 08, 2021 5:18pm
Anyone who's inside this story would want shares at these prices, but I do agree that we'll be closer to the mid/ high .60s of last Feb. If news of DaVita partnering with a Home Dialysis Pump Co. hits the news first- I could see the options being higher than that. If you're even casually paying attention to DaVita's situation you know what their number one need is.
Comment by Domino55 on Dec 08, 2021 7:52pm
The share price has managed to drop to near worthless with the Baxter relationship in hand. What is to say it won't be the same with a DaVita deal? Since the inception of the company what milestone has led to a sustained share price increase? None...It is 23 cents bud. BTW You forgot to comment on the 2% NPV valuation or if you prefer all time lows.
Comment by BayStreetWild on Dec 08, 2021 9:06pm
Every time a promise was made and the timeline was not met * such as Tigris 60% enrolment and dialco trial start* or the opposite happened *such as with the financing* the price dipped. Over and over. Credibility was lost as serious people don't stand for that carp. Hopefully they've learned from those mistakes. If they were forthcoming with investors right away they would have taken ...more  
Comment by BayStreetWild on Dec 08, 2021 9:10pm
you can throw more money to fix a delay but you can't throw more money to fix stupid or a lie. 
Comment by Revten on Dec 08, 2021 10:11pm
Only a week or 2 left of this Tax Loss Selling and we start to head higher! We have bottomed at these RIDCULOUS levels and all I can say is back up the truck and load up! You will look back at these Share Prices in a few months from now and wonder " WHAT THE HELL WAS I THINKING! Why didn't I Buy more?? The brains behind this have an End Game as MM has mentioned and they are not going to ...more  
Comment by hmmmmmmmm on Dec 08, 2021 10:16pm
If I felt like you I'd get out bud. And I did mention how I felt about lows- I buy them.
Comment by Revten on Dec 08, 2021 10:30pm
Oh I will get out ....with Millions tooooo! Bud!   Cheers
Comment by hmmmmmmmm on Dec 08, 2021 10:35pm
You'll be fine. I was answering our mad friend- BSW.
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