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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 > 100 patients enrolled!
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Post by hmmmmmmmm on Feb 21, 2023 11:30am

100 patients enrolled!

Back on June 20th at the AGM Spectral had 37 patients enrolled.

 Kellum and Seto pulled up an amazing graph and told us that even in the "worst case" we would be at 100 patients by Feb 2023 (right now). Eight months later (without Covid burden on ICUs) they have only been able to enroll13 patients- nowhere near the promised 63.

Proving they could actually do much worse than worst.

People invested their money based on management's presentations.

So when does Spectral/ it's BOD take responsibility for only delivering 1/5 of what they sold shareholders?

This company will not make it without dramatic and sustained enrollment increase.

Seto and Kellum have shown they are incapable of delivering.

Graph on page 10

https://spectraldx.com/wp-content/uploads/2022/06/spectral-agm-2022-presentation.pdf
Comment by Rickkie on Feb 21, 2023 4:38pm
Once again, we have to ask, "what do these guys do all day?". Really! Does their word mean nothing? Do they not have any concern about their professional creditibly? No shame? Just unbelievable! Back on June 20th at the AGM Spectral had 37 patients enrolled.  Kellum and Seto pulled up an amazing graph and told us that even in the "worst case" we would be at 100 patients ...more  
Comment by hmmmmmmmm on Feb 22, 2023 2:45pm
It seems neither of them are too concerned with their professional credibility. You have to remeber that Seto came here from a floundering weed shop! Still hard to believe... And I'm sure Kellum can easily wander off back to college. pockets fattened from his sabbatical.
Comment by oilandgasman on Feb 22, 2023 2:55pm
https://www.youtube.com/watch?v=oAnTMX1Ydkc
Comment by BayStreetWild on Mar 02, 2023 7:51pm
Too many facts!!!
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