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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 Honeston Apr 29, 2024 3:18pm
206 Views
Post# 36013256

RE:Specifically wondering about INFOR Financial involvement

RE:Specifically wondering about INFOR Financial involvementHello
INFOR Financial Group based out of Toronto has assisted CloudMD in the past with various divestures. I see their involvement somewhat of a positive in a rather bleak and gloomy situation. And this was not unexpected. Unless CloudMD lost a string of clients in past quarter, it has a decent revenue stream that may be of interest to few key players. And now that revenue stream is likely up for sale at bargain price.
As always, my advice to everyone is never exceed your risk threshold with investing. I picked up 2000 more shares at $.045 ... Its an acceptable risk. Do not exceed your risk threshold, please. 
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