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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 > DIMI what? What!
View:
Post by hmmmmmmmm on Oct 05, 2022 5:13pm

DIMI what? What!

Also no mention of using proceeds from the raise towards starting the DIMI trial.

What is going on here!

"The Company intends to use the net proceeds from the Offering for its Phase III registration trial (Tigris) for its PMX (as defined below) treatment for endotoxemic septic shock and for general corporate and working capital purposes."
Comment by mercedesman on Oct 05, 2022 6:51pm
That suggests to me that there is likely a separate deal on Dialco being discussed or in the works   otherwise proceeds from raise would be used for both.  Value discovery?
Comment by BayStreetWild on Oct 05, 2022 9:11pm
if your glass is overflowing but if it's only half full... it looks like there's some kind of issue. Correct me if I'm wrong but shouldn't have there been a partner already announced. Hasn't this been pushed back 2 years in a row. How do you still keep up the optimism.. or do they pay you? 
Comment by GammaGronk on Oct 05, 2022 9:48pm
It took you six posts to say nothing.  Is you tarded??  Hello Baystreet, I look forward to ripping you a new but hole like I did the last time I saw you.
Comment by GammaGronk on Oct 05, 2022 9:52pm
That's what it suggest to me as well. Newco gets another month and a half to get their chit in order is how I read that part.
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