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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

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Post by Cadilacon Apr 12, 2019 9:17am
187 Views
Post# 29617516

More News

More NewsCardioComm Solutions Provides Financing Update Toronto, Ontario--(Newsfile Corp. - April 12, 2019) - CardioComm Solutions, Inc. (TSXV: EKG) ("CardioComm" or the "Company"), a global medical provider of consumer heart monitoring and medical electrocardiogram ("ECG") software solutions, confirms that it has repaid $100,000 in outstanding loans and that the remaining $500,000 in loans, which would have otherwise matured on March 31, 2019, have been extended by the lenders. The maturing loans were made by four lenders to the Company in December 2016, as described in the Company's press release dated December 21, 2016, and were extended in December 2018, as described in the Company's press release dated December 27, 2018. Three of the lenders have extended an aggregate of $400,000 in loans until December 31, 2020, while the fourth lender has extended the remaining $100,000 until December 31, 2019. The Company has the right to repay any loan amounts outstanding at any time, whole or in installments, without penalty. In addition, each lender may elect to convert its loan into common shares of the Company at a price per share equal to the "discounted market price" under the policies of the TSX Venture Exchange. Any conversion of debt into shares will be subject to applicable securities laws and approval of the TSX Venture Exchange. To learn more about CardioComm's products and for further updates regarding HeartCheck™ ECG d
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