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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 WinterBaronon Dec 16, 2023 12:23pm
236 Views
Post# 35788254

RE:AGM - consolidation fails

RE:AGM - consolidation failsPleased the vote went this way.
I strongly believe this is the right outcome at this stage.
Retail investors will now become much more confidently engaged for the medium term and be comfortable as the business plan is implemented and plays out during 2024.
Once it is evident to everyone that achievable goals, measuring stakes, and profit forecasts become part of CloudMD 's dialogue norm , a share restructure "may" serve a purpose by meeting institutional standards.
At that point it would likely be a much lower ratio being considered.
For what it's worth, I anticipate the SP over the next few quarters, sporadically returning to the $0.50- $ 0.75 range.
Time and achieved operational targets are what we're waiting out now.

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