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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 > New Batch of DSU's Jan 3 2024 for Directors
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Post by Accountprince on Jan 09, 2024 10:29am

New Batch of DSU's Jan 3 2024 for Directors

Another batch given out to directors at a conversion price of $0.47 a share compared to a conversion price of $0.33 a share for last October DSU's.
Comment by mercedesman on Jan 09, 2024 1:05pm
Seems like even the insiders are realizing they gotta act fast in 2024 to carve their goodies in stone before the price gets away from them ( as opposed to banking on slow enrollment and taking their time )  MM 
Comment by BlueJays9293 on Jan 09, 2024 5:01pm
I agree with you as I don't remember them ever giving themselves goodies in January.  I checked the SEDI insider report for the last few years and didn't see any but I mainly looked at the board of directors insider transactions.  If anyone wants to look for themselves here's a great step by step guide on how to access the SEDI detailed insider transaction report for a ...more  
Comment by BlueJays9293 on Jan 09, 2024 6:04pm
I think this stock rights grant is given for attending a quarterly BOD meeting.  Just look at the date of the transaction.  January 3rd lol.  So the BOD felt it was really urgent to hold a meeting, have all the directors available to participate, two days after the New Year holiday?  Most of these people were probably still on vacation at the beach.  Lucky for them Zoom is ...more  
Comment by BlueJays9293 on Jan 09, 2024 7:40pm
Keep in mind that the BOD is privy to the real time enrollment numbers for Tigris AND the crude mortality data for Tigris.  Whether or not this factored into their decision to maybe "rush" this meeting is up to you to parse out.  I just don't see them rushing a meeting if enrollment numbers were lagging the modest projections.  Nobody is promising you anything about ...more  
Comment by BlueJays9293 on Jan 09, 2024 8:13pm