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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

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Post by carwash on Aug 11, 2022 12:05pm

SP

Getting hit today. Where's the resistance at ?
Comment by mercedesman on Aug 11, 2022 12:50pm
It's right where they would like it to be...and if there is a financing, somewhere around there. Did Seto do his job, non-dilutively speaking ? MM
Comment by Accountprince on Aug 12, 2022 12:15pm
MM - let's see where the share price goes today.  Second Q now released and looks apparent that some funds will be needed soon.  If this is done via capital raise then we'll truly see if Seto is doing this while minimizing dilution as he stated. We've been at around $0.55 per share for a little while now.  So any raise at a price less than that is dilutive especially ...more  
Comment by jonnieboy on Aug 12, 2022 12:48pm
Why not just set up a line of credit rather than more dilution? 
Comment by mercedesman on Aug 13, 2022 12:31pm
AP We'll soon have the answer to your "fair price" question. Shades of July '21 ? In any event, IMO, any raise below, $ 2 - $ 3 is dilutive, and likely greed - motivated.  The only question is whether in H2 2022, they'll select brand new identities for BayStreetWild, GoldMember, etc., assisted by stalwarts like Stocktree, and leave loyal ...more  
Comment by Accountprince on Aug 15, 2022 10:01am
MM - based on this morning's share price activity it would appear that Seto is going to be doing a dilutive issue likely in the range of $0.40 or lower per share.  So much for being a man of his word.  So well below the $2 to $3 per share that you had been suggesting (I agree with your issue price).  Disgusting?  Yes.  Let's see what the rhetoric surrounding the ...more  
Comment by JohnnyCashMoney on Aug 15, 2022 10:15am
Quit calling me a plant, until I get my $20 per post. You are rude. I vent out of frustration now and then but I am SMATR enough to know nothing I say matters. You guys should try it
Comment by Gorf79 on Aug 15, 2022 10:21am
AP, This drop in share price in on puny volume and may be more a reaction to a perceived financing than anything real. Diluting at these levels, in light of the recent news releases, is stealing from your retail holders...it really is nothing short of stealing from your shareholders. I don't believe they will dilute here. We have a brand new CFO. If that is the best he can do, hiring him ...more  
Comment by JohnnyCashMoney on Aug 15, 2022 10:24am
You should arrange the financing Gorf. You seem to have all the answers
Comment by Gorf79 on Aug 15, 2022 10:36am
Johnny, A child could put together a financing at these levels, on the back of recent developments. That speaks to how pathetically weak, near fraudulent and disappointing dilution at these levels would be. Stay in your elementary school lane and stick to cat talk you imbecile.
Comment by JohnnyCashMoney on Aug 15, 2022 11:12am
You get $20. That was a bash
Comment by RickyBobbyTO on Aug 15, 2022 11:45am
in my opinion, which may or may not be right, it would take a poorly managed fund to pay a penny over 32 cents.   
Comment by GeneralAladeen on Aug 12, 2022 7:20pm
.46 and .43 and a fib retrace around 41. 
Comment by Revten on Aug 12, 2022 9:36pm
Let's be realistic here! The Share Price is NOT in anyway reflecting true value.....81,000 shares on the TSX today is less than $40,000 value! This Volume is meaningless and some weak hands read the report and Sold into the low volume and we are down 8%...also means nothing! The Finacials mean Nothing at this time....sure they need money but look at the Multi Billion Dollar Market Spectral ...more  
Comment by Gorf79 on Aug 13, 2022 7:36am
Agreed Rev, The now 36 retailers get it. Some new shareholders may not. Those who are negative and faux nervous don't own shares and are here for more insidious reasons. The logic is simple. The inherent greed that drives Spectral is not in its share price today, or really at any point in the past 20 years. The greed is is acquiring shares . Insiders care nothing of the day to day ...more  
Comment by RickyBobbyTO on Aug 13, 2022 10:30am
Well boys and girls let's be realistic, there are many positives here... but just so there's no confusion and tunnel vision.. here's my take on the less savoury... Few funds will want to line the pockets of management with their clients money with their egregious 7Million + option/RSU/PSU handout "at the money" on a down dip day at 32 cents. Especially when they've ...more  
Comment by Gorf79 on Aug 13, 2022 10:55am
RickyBob, Along with Johnny, Stocktree, Spamme and a bunch of others, you are one of the filthy insidious fu*ckers that operate here. No one on Bay Street has ever heard of Spectral, let alone be disappointed by management. That is by design. Insiders have no interest in EVER promoting the company, and never have!!! This is now an incredibly, stupidly successful private COMMERCIAL ...more  
Comment by RickyBobbyTO on Aug 13, 2022 11:06am
Gorf, the share price test determined... that was a lie. 
Comment by RickyBobbyTO on Aug 13, 2022 11:12am
Comment by JohnnyCashMoney on Aug 13, 2022 11:30am
Hey meatball, we are all on the same team. Hoping for a win. It just happens to get frustrating sometimes. Especially when you don't brag sliced oranges for half time
Comment by RickyBobbyTO on Aug 13, 2022 11:36am
you are all the same people is what you are. Lobbing each other softballs. Ask real questions.   
Comment by JohnnyCashMoney on Aug 13, 2022 12:54pm
Huh? 
Comment by JohnnyCashMoney on Aug 13, 2022 6:53pm
What happens when a we die?
Comment by JohnnyCashMoney on Aug 13, 2022 6:58pm
What happens too my  cats? Do they go too heaven or is that for people and dolphins? I think heaven will be ok if it has dolphins. What is your opinion 
Comment by oilandgasman on Aug 14, 2022 11:40am
bad news.. it's just cats and horny dead guys in heaven 
Comment by JohnnyCashMoney on Aug 14, 2022 7:45pm
Well that sucks I thought there would be dolphins. I have cats on earth I don't need 2 more things to piss me off in heaven
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