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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

Post by Cellarmanon Jul 01, 2020 1:45pm
365 Views
Post# 31212687

Trade receivables pg 15

Trade receivables pg 15If I am reading this correctly ,the Trade receivables on page 15 states the company recorded a bad debt expense of $370,099 largely related due to sales of Heartcheck ECG pens to Shoppers Drug Mart related to this customer during the year ended 31 December 2019. This would have been helpful to the bottom line . Just my humble opinion but hard to make money when not paid for product or services.
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