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Spectrum DNA’s SARS COV-2 Rapid Assay Test Kit (EUA approved by FDA) is a quick 15-minute test looking for the presence of COVID-19 antibodies in whole blood or plasma biosample. A simple finger prick of blood added to the testing strip will indicate a previous and or recent COVID-19 infection. Rapid tests are available now
sad. gonna leave people holding the bag.
if this hit .10 on this low volume, i wonder how much shares are out there. BOOOOOOOOM
SPECTRUM DNA SAME COMPANY AS SPECTRUM SOLUTIONS. RIGHT ON LOGO ON SITE BELOW..https://spectrumsolution.com/spectrum-dna/
Saliva collection devices are packaged at Spectrum DNA in Draper on Tuesday, April 7, 2020. The Utah company has developed the test kit to detect the coronavirus in patients’ saliva.
oh nice bought a bunch on a sec delinquent that has nothing to do with covid
$SPXA: FAAaaaaaaaaaaaaannnnnnntastic... got a nice fill on that dip
Setting up good here.
got a bunch of 35s and 39s now
NICE !
GO $SPXA
The next couple of days are going to be crazy, we might see .50 by Friday
News looks real, nice find. On watch.
Holy Shit over 1,000,000 PER MONTH/$55 EACH....Fanning noted that the tests would be in the cost range of approximately $55 and likely be covered by standard health insurance, making it affordable and readily accessible to the vast majority of people. He added that the company will soon be able to produce over 1 million tests per month.
$SPXA: Cant believe no one else is seeing this
Insane move here
Now at 0.099
GO $SPXA
$SPXA : Just hit $0.10 !!!!!!!!!!!
WOoooooooooooooooooooooooooooooo
GO $SPXA
OTC says this is just a shell.
$SPXA: Was watching this all day yesterdayyyyyy.........
Wooohhhhh........ just hit $0.10 !!!!!!!!!!!!!!
Look at it go
GO $SPXA
Should see $0.10+ soon
SPXA opened at .065, you have to think it will easily hit that level again.
folks will be reading it tonight, that's for sure...
It's going to blow wide open, this is a test we need to get this virus under control.
getting ready to pop big!
Market cap is currently less than $2 million. Hard to believe this thing is not at .10.
I agree, released after hours, so no one seen it.
People better wake up, that news is a game changer IMO
Over 1,000,000 tests/Month @ $55 each...Fanning noted that the tests would be in the cost range of approximately $55 and likely be covered by standard health insurance, making it affordable and readily accessible to the vast majority of people. He added that the company will soon be able to produce over 1 million tests per month.
Website up and running with COVID-19 TEST KITS »» https://spectrumsolution.com/spectrum-dna/clinical-solutions/
$SPXA Saliva collection devices at Spectrum DNA in Draper on Tuesday, April 7, 2020. The Utah company has developed the test kit to detect the coronavirus in patients’ saliva.
New method has emergency use approval, eliminates risks to handlers, CEO says
Utah DNA company says it developed cutting-edge saliva test for COVID-19
New method has emergency use approval, eliminates risks to handlers, CEO says
By Jasen Lee
on April 7, 2020 5:24 pm
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Valery Leon prepares saliva collection devices at Spectrum DNA in Draper on Tuesday, April 7, 2020. The Utah company has developed the test kit to detect the coronavirus in patients’ saliva.
Jeffrey D. Allred, Deseret News
DRAPER — A Utah company says it has developed a test that may allow virtually anyone to find out whether they have the new coronavirus.
Scientists at Spectrum DNA have repurposed technology initially created to help users trace their ancestral lineage through saliva to now be used to detect COVID-19. Until recently, testing for the coronavirus required individuals to undergo invasive and often painful nasal and throat swabbing to gathering biologic material necessary for examination.
The company said saliva testing is a new development that, when administered under the direction of a qualified medical professional, will allow for self-administered sample collection by individuals who may be in quarantine or self-isolation or for those showing no outward signs of illness.
“We ran a study side by side, taking the swabs — either nasal swabs or throat swabs — and we looked at those versus looking at the saliva test, and it was 100% accurate in predicting if you had the virus or not,” said Stephen Fanning, CEO of Spectrum Solutions, which is headquartered in Draper.
“This is a significant improvement in a couple of ways. Obviously, putting a very long swab in your nose is not easy (and) it’s rather painful, so with ours, there’s less pain,” he said. “No. 2, to do the swab method, you need to have a professional person stand there to insert the swab into the nasal cavity. Obviously, that potentially puts the professional at risk of getting the virus.”
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Saliva collection devices are packaged at Spectrum DNA in Draper on Tuesday, April 7, 2020. The Utah company has developed the test kit to detect the coronavirus in patients’ saliva.
Jeffrey D. Allred, Deseret News
The new method, which involves using a proprietary preservative solution, eliminates the risk to those handling the samples, Fanning said.
“You take the top off (the testing device) and spit into it. You get rid of that and you take the top of the device and you turn it, then it punctures the saliva into the tube,” he explained. “Our proprietary preservative basically does a couple things. First and foremost, it actually kills the coronavirus but it leaves behind what are called the (ribonucleic acid, or RNA) markers.
“By killing the virus, when the person who is in the lab looks to test it, there’s not the issue that they can potentially become infected as a result of opening that up. Then more importantly, the preservative really (maintains) the RNA markers to determine if you in fact have the virus.”
RNA is a nucleic acid that exists in all living cells whose primary function is to behave as a messenger that carries instructions from DNA for controlling the synthesis of proteins. However, in some viruses, RNA conveys genetic information rather than DNA.
The new validation of the saliva testing method came after researchers in New Jersey were able to confirm the reliability of the results during a comprehensive trial.
“We did a clinical study to look whether or not saliva could replace and or be used in place of nasal pharyngeal oral pharyngeal swabs for detecting COVID-19 in both symptomatic and asymptomatic patients,” said Andrew Brooks, chief operating officer of RUCDR Infinite Biologics and professor of Genetics at Rutgers University.
“So the standard of care is to take this really long Q-tip and stick it up your nose down and the back of your throat almost, which is very uncomfortable, in order to swab that area because that’s where the virus likes to live — and it requires a health care professional do it.”
He noted that they were able to demonstrate that saliva actually is more sensitive than the swab and has a higher concentration of virus for those infected.
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Irma Aldaz shows saliva collection devices at Spectrum DNA in Draper on Tuesday, April 7, 2020. The Utah company has developed the test kit to detect the coronavirus in patients’ saliva.Jeffrey D. Allred, Deseret News
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$SPXA MONSTER NEWS RAPID #COVID19 Saliva Testing #coronavirus saliva test https://t.co/lhdsITU95o
https://www.deseret.com/platform/amp/utah/2020/4/7/21212383/saliva-covid-19-test-spectrum-usa-coronavirus?__twitter_impression=true
Finally getting some action!
https://www.ksl.com/article/46739309/utah-dna-company-says-it-developed-cutting-edge-saliva-test-for-covid-19
$SPXA: Interesting trading here.... 3wks
Flag formation here at $0.006
Ready to possible take off above $0.01
GO $SPXA
So when I look at the detailed quote, both support levels, the pivot price, and both resistance levels all list the same price, which is the same as the current price.... >scratches head<
SPXA is severely delinquent in filing their Financials and corporate filing obligations to the SEC. On Feb. 20, 2015 the SEC suspended 8 stocks from the Delinquent SEC Filers list, and it is likely that more delinquent Filers will be suspended.
Since Jan 1st, 2010 the SEC has suspended over 1290 stocks for Financials delinquencies. All of those Suspended stocks had their stock registrations revoked.
Shareholders should contact the company and pressure the Mgmt to file their delinquent Financials because ALL shareholders would be wiped out IF the SEC suspends the stock.
SPXA is on the list of delinquent filers:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=110680509
Expected friday here Monday we should see the money move in.
.10 to .20 cent runner based on current O/S..
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