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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 > The 29 percent...
View:
Post by PezDalatoYou on Jun 21, 2022 4:30pm

The 29 percent...

Retail shareholders are united against Seto.
Comment by jonnieboy on Jun 21, 2022 5:44pm
Confirmed by todays trading I think we got the wrong guy, the BOD will or should be having a talk about this down over 8 % after the AGM does not reflect well..........
Comment by oilandgasman on Jun 22, 2022 8:41am
Doubtful you’d get almost 30% without a concerted effort by some large shareholders, this isn’t just a loose group on retail holders hitting that 30. Maybe I’m incorrect but it looks like a concerted effort by a group of holders. 30% is huge with 300 million float.
Comment by Accountprince on Jun 22, 2022 10:01am
I agree with you.  As they say you reap what you sow.  Perhaps the BOD will pause and reflect on what's actually been achieved. Share price is less than half from when Seto joined and that's only recently.  Several share issues done at ever reduced issue prices while Baxter came on board, FDA approvals for Dialco side, Tigris started but enrollment faltered, attracted heavy ...more  
Comment by RickyBobbyTO on Jun 22, 2022 10:30am
Lol. You're such an obvious paid pumper.   
Comment by Accountprince on Jun 22, 2022 10:35am
Thought you said you were out of Spectral - what brings you here?  Collect $20 for each pathetic post?  I reviewed your posts and find nothing useful for any of the real shareholders here.  If you'd like to contribute something useful please do.  Is $20 per post really all your time is worth?
Comment by RickyBobbyTO on Jun 22, 2022 10:43am
accuse others of which you are guilty, Tom.  
Comment by jonnieboy on Jun 22, 2022 4:47pm
what $20 per post count me in, it is a lot better than the return  I have had over the past several years
Comment by RickyBobbyTO on Jun 22, 2022 10:42am
As I recall, every single line item mentioned in your post happened prior to him being CEO, except for the newest hire that brought the price up. I wonder if he will stick around... When your line items did happen, the price was in the 80s/90s. Since Seto became CEO... there have been a lot of promises.... but 29% of the voting shareholders disagree with them being fulfilled. It's a truly ...more  
Comment by Accountprince on Jun 22, 2022 10:46am
You have no skin in the game as you admit.  And you hang around because...?
Comment by RickyBobbyTO on Jun 22, 2022 10:48am
It's a free country. I've lost significant money here. I figure I've earned the right to voice my displeasure. As well as refute your lies.  
Comment by Accountprince on Jun 22, 2022 10:59am
Guess you must be a busy guy in a free country venting your spleen on all the BB's where you're out but lost money.  If you had some redeeming features I'd perhaps have some pity for you. Guess you think I'm Tom and I have lots of lies.  That's as fruitful as your stock picks pal.
Comment by RickyBobbyTO on Jun 22, 2022 10:47am
down dip day... at the money. it's so I'll conceived it made my toes curl. Cringe.
Comment by Gorf79 on Jun 22, 2022 1:05pm
in My opinion AP Seto is fighting way above his weight class with no success. Really none to speak of! He needs to go. Hand the keys to Kellum and find him a hot young MBA to guide the strategic policy. That is my opinion at least!
Comment by Gorf79 on Jun 22, 2022 1:34pm
The SP should be $5 and climbing right now. It is currently 40 cents. That is the barometer all should defer to. Over and out!
Comment by Accountprince on Jun 22, 2022 1:56pm
He hasn't produced but nor has anyone else in management and the BOD.  To further explain that comment we've effectively issued 100 million shares without any of that value accruing in the share price.  I do agree with MM that lots has been achieved but not promoted.  But the most important phases are being continually fumbled.  So we've been seriously diluted with ...more  
Comment by Gorf79 on Jun 22, 2022 2:13pm
AP, THe BOD and CEO are the May. St, Helen's of excuses and blame shifting, all while grossly enriching themselves. That is why the AGM was the FRAUD that it was. They were petrified that the $4,000,000.00 bid would be slammed into their cauldron of BS!!! Mortified and Petrified! We'll all be  stinking rich very soon and by that time I'll have long forgotten what a Seto or a ...more  
Comment by mercedesman on Jun 22, 2022 3:02pm
Agree. The buck stops with the BoD, not Seto. Either they know something that we don't, or they are tolerating/condoning incompetence. Part of the problem is that Seto seemingly makes no attempt to engage honestly with shareholders, and admit past blunders (poor estimates and or events that never seem to materialize) This is probably the least shareholder friendly Company that I own ...more  
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