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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 > Not going great, contrary to their interested assessment
View:
Post by Stocktree on Apr 07, 2023 11:00am

Not going great, contrary to their interested assessment

According to management and their friend MM (the no 1 apologist): recruitment difficult because of strict enrollment criteria (which they are using to artificially embellish trial results.

BUT: everyone will be feeding on PMX once they will need to pay for it (well you can't have your cake..., or as the new saying goes, not the flex you think it is): see all worthless EBITDA evaluations.

Also, if a doctor were having promising results using PMX, he would
1- be pushing recruitment for their own benefit career-wise
or
2- be telling other doctors about this great new thing.

Either way, enrollment would be increasing exponentially, without effort.

So the way this trial is going is not at all indicative of the benefit of using this treatment or of future commercial success. Sorry if you wanted to hear otherwise. If you still do, listen to EDT's very honest and compentent management team and their chief pumping helpers.
Comment by oilandgasman on Apr 08, 2023 10:25am
Same thing i'm worried about, you can't trust Seto or his thinking
Comment by BayStreetWild on Apr 12, 2023 9:32pm
Intriguing theory...
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