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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 > I like it !
View:
Post by mercedesman on Oct 05, 2022 4:54pm

I like it !

Debt instead of shares. 7% seems reasonable in todays market. ( not a large risk premium) 

Ultimately dilution Yes, but allowing participation by accredited investors ( who can then offset any dilution with more skin in the game). convertable to shares ( at a TBA price) with a half warrant 30% premium. 

Best part - strategic partner participation. 

One more big vote of confidence by a Major 

more later

MM

Comment by GammaGronk on Oct 05, 2022 10:13pm
Yes 2.5 of the 8.5 is commited to convert debt instead of shares but it's not as easy as that.  Sure Pinnacle Islands will probably take on another 2.5 of converts if they can get it,, but the rest needs to be filled in by stock + half warrant.  So as it stands today, 5mm of the 8.5 is converts, and 3.5 left over as a traditional equity raise.  Do you see?  The other 3.5 ...more  
Comment by BayStreetWild on Oct 05, 2022 10:23pm
all I can see... 3 years of the same share price give or take 20 cents and the only people that made money is management with their salaries and options. Trial has been going on since 2019 and there have been 44 patients enrolled. What's to be excited about? The DIMI trial hat has been pushed back year after year? Or SAMI that has been approved for years but seems to not be generating ...more  
Comment by GammaGronk on Oct 05, 2022 10:32pm
Oh right your retarded azz always saw a pandemic coming.  Nobody ever see's an Inqusition coming you puck tard.  You are as dumb as the day is long with your old azz diatribe.
Comment by Revten on Oct 06, 2022 9:50am
Looks like we will be Buying More Shares at a Bargain Basment Price thanks to the Weak Hands who clearly are not seeing what Is Really Going On Here! Wake Up People! This is not an If FDA Approval....It's just a matter Of When it is FDA Approved! The insiders are only taking advantage of TIME!  it's All About Timing....and we will all look back at .40 and say...WAS I ASLEEP?? This is ...more  
Comment by mercedesman on Oct 06, 2022 10:37am
Agreed Rev IMO this fall will not be a repeat of last fall despite some recent BS(W) posts. 1) Enrollment ramp-up at hand (flu season back with a vengence in 2022 - see southern hemisphere coming to North, 17-25 Trial sites, ICU more clear after CV lull period, etc).  2) Likely news on the Dialco side (this financing only deals with PMX).  I don't see back to back market ...more  
Comment by BayStreetWild on Feb 07, 2023 2:38pm
MM October 06, 2022  
Comment by mercedesman on Feb 07, 2023 3:21pm
So as not to bore the board, I will respond to just one of your posts. My post held up exceedingly well.... Here's my update Indeed this past fall was not a repeat of last fall (2021) despite some recent BS(W) posts. 1) Enrollment ramp-up at hand (flu season back with in 2022 - I expect inprovements this winter/spring. check 2) Future monetization of Dialco pending (just a carve out of ...more  
Comment by BayStreetWild on Feb 07, 2023 3:28pm
did you always know you wanted to be a shill or was it just an opportunity you came across?  did they find you on another bullboard and see your good work or do they hire from the unemployment line?     
Comment by mercedesman on Feb 07, 2023 3:44pm
I shill for free, when I feel that my investment is way undervalued....and when there is an anti-shill contingent (or really just one guy with multiple handles)
Comment by BayStreetWild on Feb 07, 2023 3:49pm
I just want to get this straight though. I'm starting to piece together what you've been going back and fourth on.  Are you alleging that there's a group (who you refer to as FA80 who presumably are from Alberta) that acts in concert with control of 80million shares and have direct contact with the board?  This group is not listed on Sedar. Are there members of this group ...more  
Comment by BayStreetWild on Feb 07, 2023 3:52pm
and you're saying they keep financing this company? I didn't see the related party transactions on the financing press release. Are you sure?  
Comment by mercedesman on Feb 07, 2023 4:06pm
Ask O&G He's the handle that coined the phrase, and seems to be the guy in the know. Members of my group (call it the southernTier leftovers, wannabes or reincarnated) seem to give it some credability since some of them have spoken to various members of this alleged group, from time to time. Doesn't mean that they are insiders, requiring identification on Sedar, nor that anything ...more  
Comment by BayStreetWild on Feb 07, 2023 4:13pm
Lots of years left it seems. Maybe next tax loss season I can pick it up even cheaper if there's new management.   
Comment by mercedesman on Feb 07, 2023 9:54pm
" Lots of years left it seems. Maybe next tax loss season I can pick it up even cheaper if there's new management. " Sir BS alot But I thought you wanted new Mgt.? Shouldn't new management  raise the SP ? So you are saying we'd be better off keeping existing Mgt.?  Or do you not have an coherent position and simply just care about picking it up cheaper, ...more  
Comment by BayStreetWild on Feb 07, 2023 11:42pm
did not buy a single share this tax loss season due to unclear and poor management. Will not buy any shares until management is gone. I'm sure Kellum will quit and go back to his academic job where he doesn't actually have to perform. Seto will be gone eventually too once he's done taking a salary and his former work colleagues from paradigm run out of investors to pitch this story to. ...more  
Comment by BayStreetWild on Feb 07, 2023 11:57pm
you know... these guys came here with a clean slate a few years ago. All they had to do was be cordial and candid with investors and we would be singing a different tune... but in reality I'm not sure what's happening here or who's really calling the shots but I have to say. What a carp chute.  
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