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Bullboard - Stock Discussion Forum CVR Medical Corp V.CVM.H

Alternate Symbol(s):  CRRVF

CVR Medical Corp. is a medical technology organization. The Company is focused on the development and advancement of technology at work within the healthcare sector. The Company’s Carotid Stenotic Scan (CSS) is a diagnostic tool designed to detect and determine a level of carotid narrowing for the purpose of identifying patients at risk for Ischemic Stroke. The CSS provides a synergistic tool... see more

TSXV:CVM.H - Post Discussion

CVR Medical Corp > Warrants at 12c for 5 years ????
View:
Post by Looneytunes on Nov 11, 2021 11:25am

Warrants at 12c for 5 years ????

Firstly raising capital htrough issuing shares just to pay operating expenses, ie not in any way advancing the commercialisation of the CSS is massively negative and having an exercise price of 12c FOR 5 YEARS demonstrates they even they must have a very low level of confidence in getting the CSS through regulatory approval and onto the market!!
Comment by Nastro on Nov 11, 2021 1:59pm
Looks like an excellent opportunity to throw some more good money after bad.  And 12c?  Be lucky if this thing ever makes it to 5c again before it finally implodes.
Comment by OleMule on Nov 12, 2021 11:57am
Aside from the raise, if the exchange approves, I'd say the chances are more than likely good, the $ is to hold the AGM. Which leads me to believe they are going to announce a new deal between global and medical (hopefully closer to the deal Rhoades got close to doing) or, they are going to try and cram the bad deal down Medicals throat and pray it passes the vote. Either way, we should know ...more  
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