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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 > For me "personally" the insider ACB is 45 cents CAD
View:
Post by SouthernTierTom on Dec 08, 2021 3:05pm

For me "personally" the insider ACB is 45 cents CAD

Notice there has NOT been a stitch of "insider activity" all through this "home-made" Anon walkdown.

Furthermore, two "insiders" purchased ~ 200K 45 cent warrants in April and exercised them at the same time.  These warrants were in conjunction with the March 2018 handout ayt 30 cnts mostly sent to western proivnce Albertha.

I see this recent performance / drama as a means of "justifying" the 10% dilution at 42.5 to "unknown  participants" here in the US.  I know our Chair bought 180K CAD worth, but it runs much deeper than this.

Bear in mind, a major exec at Patient Home took 32M at 30 cents'ish to bring his total to 10% of the co before it dipped to 12 pennies CAD.  It went on to perform a 20 BAGGER...

"NO questions were EVER asked about the 32M at 30" Capeche?? ; - )
Comment by SouthernTierTom on Dec 08, 2021 3:41pm
The 45 cent warrants bought privately by the two execs cam from an "UNknown" source ( NOT delcared ) The last 2 years OPTIONS have been done at 61 cents CAD..IMO, they will be done at levels close to this once more in 2022.   This is a "pure as the driven snow" play, this trading will "make ALL right" ... even the 180K insider purchase by the Chair at 42.5 ...more  
Comment by mercedesman on Dec 08, 2021 7:25pm
All well and good, but I don't take any comfort from insiders buying at .425 (including a sweetener/option on more later) I take discomfort in holding something that is trading at a tiny fraction of what it is (in all probablity) worth today (after factoring in probablities of sucess or failure on all compnents) simply because the Board chooses to let the company fly under the radar.  ...more  
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