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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 AlwaysLong683on Apr 12, 2023 11:29am
131 Views
Post# 35390731

RE:Karen is on a roll!!!

RE:Karen is on a roll!!!It's good to produce press releases on company activities. However, it's the contents of the press releases that may or may not move the share price or get potential investors excited about the company.

Eight press releases in the past two months, but all were either announcements of person X joining the organization, participation in investor events, expansion of availability of new services to existing clients or middlemen, etc. None of these may actuallly translate into what I believe the market is looking for: significantly more revenues and bringing the company closer to profitability.

It's nice to offer more services to more existing or potential clients, but if few actually purchase the services, the company is not much better off than before the announcement. As they say: money talks. If a deal was announced that included an agreement with another party for X dollars a month/year for software services, or the quarterlies showed a signficiant jump in revenues or lower losses per share, that would likely get the market excited. Also, don't forget DOC is a penny stock and, if memory serves, the vast majority of its shares are held by the general public, Thus I think this is a highly speculative trading stock where many go in and out long or short to make a quck buck, unlike some in here who may be buying and holding this stock anticipating long-term gains. Personally, I've never invested in DOC shares because it started as a company that grew too much too fast with all the baggage that comes with such bold moves, then switched strategies by selling what the CEO believes is the chaff while trying to keep what it believes is the wheat in a very competitive market segment (online healthcare services).



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