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Bullboard - Stock Discussion Forum Syncordia Technologies SYTHF

"Syncordia Technologies and Healthcare Solutions Corp is primarily engaged in the business of proprietary software/technology, billing, healthcare software companies, traditional medical billing companies, and healthcare companies. The company has following operating segments: RCM (Right Concept Marketing), Platform Syncordia, healthcare and Corporate. Geographically it operates through the... see more

GREY:SYTHF - Post Discussion

Syncordia Technologies > This company needs to be sold off...
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Post by 93Darkhorse93 on Jan 20, 2017 3:22pm

This company needs to be sold off...

Management team has been unable to turn the business around following the loss of the REACH contract. With book value of 1/share and if you take off the goodwill gets you to double the the current share price at .40/share. Management is not willing to step into the public market and buy more shares so time to shut it down and sell the entire company off to the highest bidder.
Comment by Propitious1 on Feb 01, 2017 10:17am
It is in growing pain stages and its taking little longer to right the ship than anyone us likes. Nice NR last night we need more like those. If i remember correctly it takes 6-12 months for the new contracts to show up on the quarterlies results. Let see what the 3rd quarter brings another 27 days to go.
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