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Bullboard - Stock Discussion Forum Cloud DX Inc V.CDX.H

Alternate Symbol(s):  CDXFF

Cloud DX Inc. is a Canada-based remote patient monitoring company that is a Health Canada licensed, United States Food and Drug Administration registered medical device manufacturer and software developer offering a complete end-to-end virtual healthcare platform called Cloud DX Connected Health. The Company has developed and cleared through regulatory agencies a family of proprietary medical... see more

TSXV:CDX.H - Post Discussion

Cloud DX Inc > I am impressed
View:
Post by laurencelefou on May 22, 2024 8:04am

I am impressed

On May 7, 2024, CloudDX did not disclose the amount of the contract which left most investors in the dark as to the true scale of the contract.  Yesterday, CloudDX shared the amount of the contract $9.4 million.
 
I am impressed. 
Comment by laurencelefou on Jun 06, 2024 9:15am
I was impressed by Cloud DX ability to win contracts, but the balance sheet was always weak and made an investment in this company a high risk venture.   I am less impressed with today's announcement of a Notice of Intention to Make a Proposal pursuant to the provisions of the Bankruptcy and Insolvency Act. 
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