Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

CardioComm Solutions Inc. V.EKG

Alternate Symbol(s):  EKGGF

CardioComm Solutions, Inc. is a Canada-based company, which develops software, hardware and core laboratory reading services related to electrocardiogram (ECG) and ambulatory arrhythmia monitoring systems for medical and consumer markets globally. The Company's specialization is in the software engineering of computer based (ECG) management and reporting software. The software permits physician interpretations of ECGs and supports private and public payer fee-for-service billings. The Company’s device connectivity and ECG management technologies are used in medical, consumer, clinical research and telemedicine solutions for the recording, transmission, viewing, analyzing, reporting and storage of electrocardiograms, for arrhythmia screening, diagnosis, and management of cardiac patients. Its Global ECG Management Solutions (GEMS) and GlobalCardio (Cloud based GEMS) products are licensed worldwide to hospitals, ECG commercial reading services and physicians.


TSXV:EKG - Post by User

Bullboard Posts
Comment by wisedogon Feb 02, 2012 3:13pm
252 Views
Post# 19481682

RE: RE: RE: Cash position ??

RE: RE: RE: Cash position ??

Looking at financials I see

19,000,000 warrants @ 0.10 ($1,900,000 upon exercise)

6,555,000 options @ 0.11 ($721,050 upon exercise)

The company lost $586,706 for the 9 months ended Sep 30.

If all options and warrants are exercised the company would then have over 100 million shares outstanding with about $2.5m in cash. Market cap would be over $35 million fully diluted by my calculations at 35c.

I look forward to their updated financials which will really show how much cash the company is currently sitting on ...

The market seems to be pricing in a massive amount of sales going forward considering the rapid market cap increase of late for the stock and considering the company was trading at only 4c back on the 18th January, now trading over 8 times that share price at 35c. 

Good luck to all

DYOR.

 

 

 

Bullboard Posts