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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 Apr 29, 2024 2:38pm
143 Views
Post# 36013160

RE:RE:Im out

RE:RE:Im outYes, wondering as well.
Perhaps some of us misunderstood this particular notice and it is specifically "Management" that cannot trade as opposed to the market in general.
I inititially thought it simply mean't that management had applied for the CTO and that seems not to be the case.

Big question for me now is: 
Was the $200K insider loan at 60% interest rate (5%/month) a way around trading restrictions on Holland et al?

Management Cease Trade Order: A management cease trade order is a cease trade order that prevents trading in securities of a reporting issuer by the Chief Executive Officer, Chief Financial Officer, members of the board of directors or other persons who had or may have access to material information that has not been publicly disclosed. They are often provided when the reporting issuer has failed to comply with continuous disclosure obligations.
 https://ca.practicallaw.thomsonreuters.com/4-584-7906?transitionType=Default&contextData=(sc.Default)&firstPage=true#:~:text=A%20management%20cease%20trade%20order,has%20not%20been%20publicly%20disclosed.
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