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CloudMD Software & Services Inc DOCRF


Primary Symbol: V.DOC

CloudMD Software & Services Inc. is a healthcare service provider. The Company operates through two divisions: Health and Wellness Services (HWS) and Health and Productivity Solutions (HPS). HWS operates through two models: subscription-based pricing using a price per member per month with an average contractual term of three years; and a per-case billing model at an agreed-upon rate for services that are used in disability management, occupational health, and other employer services. HPS division offers health and productivity tools intended to create a better experience for those needing healthcare. The Company’s workplace health and wellbeing solution, Kii, supports members and their families with a personalized and connected healthcare experience across mental, physical and occupational health. Kii delivers superior clinical health outcomes, consistent high engagement, and measurable ROI for payers such as employers, educational institutions, associations, governments and insurers.


TSXV:DOC - Post by User

Comment by Dartmam32on Mar 01, 2023 2:24pm
135 Views
Post# 35313122

RE:RE:RE:Momentum Building!!!

RE:RE:RE:Momentum Building!!!I think we need to give Karen more time. CloudMD was in terrible shape when she took over. She has spent most of the last nine months getting rid of business that has been losing money. That is not a sexy job and it does not attract new investors. The hard job, and the part that will engrave her legacy is if she can get new business. She needs to keep the revenue steady by still being able to replace all the lost business with new business. Governments all over Canada and the USA are calling for more access to mental health. CloudMD should be in a good position to get some business. Their specialty is the mental heath coach. They could get contracts in combination with other companies such as Dialogue or Telus. The last few months have been extremely tough on the DOC stock price. They have a very large shareholder that has been blowing out shares at any opportunity. DOC needs some positive news to attract new blood. The 1st quarter results near the end of April will give us a clearer picture of were the company is heading. The 4th quarter results early in April will not be as important. Today I sold the rest of my WELL shares at $4.50 at a large profit and I will keep that money ready to buy a large block once we get some positive news. The stock is so beaten up that I would rather buy at 25 cents once the news comes out, rather than add more to my already sizeable position now.
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