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Bullboard - Stock Discussion Forum 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... see more

TSXV:DOC - Post Discussion

CloudMD Software & Services Inc > game plan for q2/q3/q4
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Post by DeepValie on Jul 11, 2021 9:57am

game plan for q2/q3/q4

It looks like enthusiasm is building around cloudmd, and probably positionioning for Q3 of the invstors are under the way. No questions, shorts are around. 
I think cloudmd has at least 15MM on hands, and no questions that exactly know what they are about to acquire next. Now, big question is when, and at what striking price?!
If Cloudmd wants to have positive EBITDA, I think they shouldn't do any significant acquisitions prior September 30(Q3 ends), or at least closing of the acquisitions should not happen before Sept30.

The way I see next six months trend: Q3, phenomenal results, positive EBITDA .. the stock goes over $3 easily. (I"m selling)
Acquisitions done at striking price(?)..., 15MM spent
Big financing around $3.. (I'm buying back)
Another set of acquisitions... but it shouldn't pull back under $2.7 (i'm buying more)
Comment by madmax240kph on Jul 11, 2021 12:04pm
From last press release "After closing the acquisition of Oncidium, CloudMD will have approximately $55 million in cash, that is available to fund future growth."
Comment by DeepValie on Jul 12, 2021 11:30am
The answer is kind of in between: The Company has a strong cash position with approximately $95 million on hand, and approximately $35 million remaining after the closing of the acquisitions of VisionPros and Oncidium, which both are expected to close in June 2021. With a strong balance sheet, CloudMD is able to seek debt financing options to conserve cash and equity. The Company is on track to ...more  
Comment by Tuatara on Jul 12, 2021 12:22pm
need to keep up: BMO has provided $62MM in LoC as announced at Oncidium Closing. DOC is more liquid than a swim pool and with Debt of $2MM or $7MM depending on whom you read
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