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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 > It's only been 28 years ( see 1994 )
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Post by SouthernTierTom on Mar 09, 2022 8:46am

It's only been 28 years ( see 1994 )

Fore, score and 28 years ago the "SOFA" scoring system was developed by the EU society of critical care med.  At the same key moment in time the PMX filter was approved by the Japanese medical sytem AND perhaps most importantly the EAA ( Endotoxin Activity Assay ) was invented by our former CEO and his brilliant colleague.  Seems 1994 was a most important moment in the history of our "theranostic" approach to helping the critically ill with Endotoxemic Septic Shock.

I was looking at potential UPdates due and in sum cases...well over-due for our public company.

* TIGRIS update on US Trials.gov - last updated Sept.14/21 with only 11 of the now 15 sites actively recruiting.
* Spectral company filing - head of Dialco left organization in July 2021, he is still listed as an "insider"
* Paradime analyst?  appears "MIA", Paradime has not purchased ONE share in over 7 months, they did sell 87K a couple days before the 15 cent event 
* Disclosure of Kellum's last presentation at Vicenza, his Saturday morning appearance at the end of Vicenza remains a "redacted treat" for special invitees
* Ronco and Walker's "keynote addresses" at the TIGRIS pep rally held 2 weeks ago.  It would appear this too, was detail that is best "redacted"
* DISCLOSURE of amendment update for Dialco.  We were told on December 2 2021 that the amendment was to allow patients using the DIMI in home, extended or continued use of the state-of-the-arte device beyond the trial.  We were told this amendemnt would come in mid December..it came two weeks ago and it arrived with NO disclosure.
* 18% absolute efficacy achieved in the phase 3 Euphrates trial ..the subgroup??  This was disclosed 65 months ago..we've yet to recieve ANY detail on this most important figure
* Alter-cyte activity - what is going on with Pittsburgh based Altercyte? 49% owned by Spectral and an additional 2% owned by an undisclosed director.

Seems the swiftest action was the creation of "Dialco" and it's abrupt move away from the Spectral connection.  I was curious about just why Dialco was created so quickly and I suggested to fellow "STIG" members that Dialco allowed for DIMI and SAMI to be "further removed" from the EDTXF ticker symbol...sum scoffed...history tells us that having these approved and black and white type assets attached by a "TAB" has clearly been important on our path to 15 CENTS ( December 2021 )...and that is CAD ( ouch ; - (  )

More from me later...

LOVE the company.."wish I owned more".....

BUT bear in mind..."THEY OWN IT ALL" ...in 2008 a total of 1.2M shares traded for the entire year ( 365 days ), since that time, ALL share creation has remained within the "inner circle of trust" ...they have been "placed" ... NOT offered for public consumption.

ALL in my most humble, yet rather most educated retail shareholder opinion.  Do your own due diligence and feel free to challenge where inconsistencies are discovered.  Consult a real pro on matters of $100 or greater.  This afterall is purely spectralative- IMHEO


Bon appy,
Tom
Comment by SouthernTierTom on Mar 09, 2022 12:03pm
Strong from you MM! ....and thanks! I would expect that once the "INVESTER PRESENTATION" has been UPdated ( NOW about 3 months in a HALTED state )...we might better understand just what level of humor we find the key participants. Bear in mind, I do not believe this company has ever had a "HALT" as part of normal trading practices. I would add the Update of the " ...more  
Comment by SouthernTierTom on Apr 11, 2022 9:09am
That said, "DaViking" from Edmonten has ONLY been posting NEGativity here for 22 years : - ( Fore, score and 28 years ago the "SOFA" scoring system was developed by the EU society of critical care med.  At the same key moment in time the PMX filter was approved by the Japanese Medical Sytem AND perhaps most importantly, the EAA ( Endotoxin Activity ...more  
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