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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 BayStreetWild on May 04, 2023 4:39pm

Funky

Guess he didn't want to be associated with the crew here. Maybe just too busy... to busy to even say he was too busy. Just resigned without reason.

things going great I'm sure.
Comment by palinc2000 on May 04, 2023 4:43pm
H controls over 6 million shares...He was appointed in June 2022.... His resignation is not a positive event James Funk: Mr. Funk has served on the Board since June 2022. Mr. Funk is the Chief Executive Officer and Owner of Lubexx Enterprises Ltd (“Lubexx”). Lubexx operates the largest independently owned chain of fast lubes in Canada using the Jiffy Lube brand. Mr. Funk has spent his entire ...more  
Comment by jonnieboy on May 04, 2023 4:55pm
MM and revten get the dry powder out and back up the truck you will own it all.......
Comment by BayStreetWild on May 04, 2023 5:01pm
Fill yer' boots bois... 
Comment by BayStreetWild on May 04, 2023 5:02pm
Every day that passes by I thank the lord for the poster last year. I don't know how I could ever repay you. You've saved me an easy $150k. Bless you and bless your family. 
Comment by notyouraveragebear on May 04, 2023 5:40pm
If their suggestion that they will get someone with Regulatory and Clinical trials experience is an indication of what Mr. Funk was doing there, then this is positive news. Would you like a $29.95 lube with that PMX column? I don't think so! This is the one director with no obvious talent to help EDT. Drop the dead weight and get someone useful to collect millions of shares. 
Comment by BayStreetWild on May 04, 2023 6:07pm
That was their jab after he tendered his immediate resignation. After all, investors vote on the board and for all intents and purposes he CANNOT be fired unless there is a vote at the AGM or he resigns voluntarily. The way it reads is that he, a wealthy individual, with lots of shares... immediately resigned without reason or quote. That only happens when there is bad blood. They can sugar ...more  
Comment by Accountprince on May 04, 2023 10:41pm
BS Wild - I don't know what happened and I am quite concerned.  Funk was the closest thing this Board had to an independant director.  Hopefully he will now speak as to what happened.  What was the fight about that led him to quit?  Hopefully he will champion a group of shareholders to come together and speak as an enormous block that can't be ignored.  We have a ...more  
Comment by hmmmmmmmm on May 04, 2023 7:19pm
Not only does he own 6+ million shares, he took on Kevin Giese's seat when he left. They are connected outside of Spectral and that seat clearly represent the Alberta 80 or whatever MM calls them. The group from Alberta that is said to own 80million shares and that MM keeps telling us is so happy with Seto and Spectral's progress in general. The release is unfriendly- bordering on an ...more  
Comment by mercedesman on May 05, 2023 8:53am
Here's what I will say I liked Funk, a lot.  And  wish him well - classy guy.  correction, I did coin the phrase FA80. That was O&Gguy  Clearly the beliefs of the majority of the Board are entrenched and not subject to "outside" influence.  While I would like to see some changes in the interim, the end result will be pretty much the same. It ...more  
Comment by mercedesman on May 05, 2023 9:33am
That should read -  I did NOT coin the phrase Funky Alberta 80  and to further clarify, I wish they would/could have wielded a bit more power & influence.  my biggest beef ( another nod to the west) remains the " under the radar" nature of the stock and the lack of visibility to US investors.  Clearly that's a position taken by the majority of the Board ...more  
Comment by oilandgasman on May 06, 2023 1:09am
" I did NOT coin the phrase Funky Alberta 80 "   Nope.
Comment by JohnnyCashMoney on May 06, 2023 7:03am
There isn't any coin in this phase
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