Spectral Medical Inc T.EDT

Has the financing been announced yet?

[RickyBobbyTO]

With the new executive, the burn rate must have increased. Still on track for ~$3.7M by June 30? That only leaves them with 3 months of burn? A financing takes a few weeks to organize and a few weeks to put the paperwork together and close. 

are they still doing 1 patient per month? Going to need to raise at least 10 million.  Will be hard in to do in this market. Maybe two $5M financing will go down easier. The death spiral. That way the boys participating can average down... or up... right? Nah for sure they will razzle dazzle us as they did in the past and find some non dilutive way to get money through the door. 

how long until 60% enrolment? What's the count at again? We need 90 patients right? 60 more? Maybe they'll increase entitlement 10x this month after 3 years of doing 1 per month.

[oilandgasman]

Money in one direction without results..if it works and you get paid why change anything is the thinking here, Shareholders are bascally broke piggy banks in the eyes of this company.