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CloudMD Software & Services Inc V.DOC

Alternate Symbol(s):  DOCRF

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 services that are used in disability management, occupational health, and other employer services. HPS division offers health and productivity tools intended to create a better experience for those needing healthcare. The Company’s workplace health and wellbeing solution, Kii, supports members and their families with a personalized and connected healthcare experience across mental, physical and occupational health. Kii delivers superior clinical health outcomes, consistent high engagement, and measurable ROI for payers such as employers, educational institutions, associations, governments and insurers.


TSXV:DOC - Post by User

Comment by AlwaysLong683on Nov 26, 2023 10:10pm
116 Views
Post# 35753782

RE:RE:RE:RE:RE:Call it what it is

RE:RE:RE:RE:RE:Call it what it is
KrapShoet wrote: lol you like to do more than just read the hypotheticals clown. You're the top poster on this board lol. You're not fooling anyone. We know why your here 

How about just answering my questions:

1) If DOC had provided all information requested by KPMG on time and thus have the Quarterly Financial Statements released as originally scheduled on November 23, why would DOC be "working diligently" with KPMG to "complete these procedures"...? If DOC had provided all info on time, they would no longer be involved as it would then solely be in the hands of the auditor to determine whether or not they can sign off on the Financial Statements or if DOC has failed to produce some of the info needed.

2) In its PR dated November 10, 2023, DOC stated it"...will release its financial results for the third quarter of 2023 on November 23, 2023..." It now states it "expects" to release these documents on November 29, implying a further delay may be needed. Again, what's more likely the case: KPMG doesn't have the competence or manpower to complete an audit of a tiny corporation on time, or the corporation itself did not provide KPMG with all information requested on time or provided inaccurate information that was caught and had to be corrected...?

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