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Covalon Technologies Ltd V.COV

Alternate Symbol(s):  CVALF

Covalon Technologies Ltd. is a patient-driven medical device company. Through a portfolio of patented technologies and solutions for advanced wound care, infection prevention, and medical device coatings, the Company offers gentler and more compassionate options for patients to heal with less infections, less pain, and better outcomes. Its solutions are designed for patients and made for care providers. It leverages its patented medical technology platforms and expertise in two ways: by developing products that are sold under Covalon’s name and by developing and commercializing medical products for other medical companies under development and license contracts. It provides a range of specialized medical devices, medical dressings and advanced medical technology designed for infection prevention, complex wound closure and perioperative care. Its perioperative care solutions provide antimicrobial protection of pre-operative skin, through postoperative incision care to scar prophylaxis.


TSXV:COV - Post by User

Post by nozzpackon Jul 30, 2021 8:24am
266 Views
Post# 33631095

Aquaguard Revenues ?

Aquaguard Revenues ?Dont the Aquaguard Revenues make up about 50 % of total Revenues ?

If so, this is a huge chunk of potential sales and earnings removed from whats left which looks to be in the $12 million range per year.

That would be insuficient on a profits basis to warrant the current market cap even with the cash obtained from the sale of Aquaguard.

Management continues to underscore its inability to develop a sustainable business and should be removed.
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