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Bullboard - Stock Discussion Forum 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... see more

TSXV:DOC - Post Discussion

CloudMD Software & Services Inc > One Step at a Time!!
View:
Post by butchtennis on May 05, 2023 9:30am

One Step at a Time!!

Regarding my previous comments regarding my response to Honest. I hadn't paid attention to the title.
Doc is no way on the verge of closure. The economic outlook for the company has improved greatly since this time last year. Karen and her team have raised capital by selling non-core assets. They are streamlining the business and are in the process of improving the cash flow for the company going forward. In the coming quarters, we will notice that Doc will have definitely turned the corner and begin creating  a sustainable upward momentum for the stock.
Cloudmd investors will be rewarded by showing patience and conviction!!! Glta.
Comment by littledave55555 on May 05, 2023 1:19pm
Exactly!!!
Comment by Honest on May 05, 2023 3:22pm
I agree that Doc is not on verge of closure. Once profitable, it will be ripe for acquisition. It will not close due to unsuatainable financial constraints.  What's important is: 1- Sustainable growth with manageable cost of new revenue verus aggressive growth that burns cash 2- upsell and cross sell into existing client base and maintaining high levels of.client retention 3- continue to ...more  
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