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Medx Health Corp V.MDX

Alternate Symbol(s):  MDXHF

MedX Health Corp. is a medical device and software company. It develops and manufactures skin-related screening tools and phototherapy devices for pain relief and tissue repair. It focuses on skin health with its SIAscopy on DermSecure telemedicine platform, utilizing its SIAscopy technology. SIAscopy is a medical device technology that is used to scan skin for suspicious moles and lesions and, including DermSecure, its telemedicine software application, and phototherapeutic medical devices, which use light energy in lower-level laser and light-emitting diode to provide treatment of pain and tissue damage in the rehabilitation market. Its products SIAMETRICS, SIMSYS, and MoleMate include hand-held devices that use technology utilizing light and its remittance to view suspicious moles and lesions up to two millimeters (mm) beneath in a pain-free, non-invasive manner. Its SIAscopy on DermSecure telemedicine platform enables the Web-based operation of its SIAscopy scanning technology.


TSXV:MDX - Post by User

Bullboard Posts
Comment by 1stockwatcheron Apr 30, 2019 10:22pm
68 Views
Post# 29692532

RE:RE:RE:RE:RE:Something to look at MDX

RE:RE:RE:RE:RE:Something to look at MDX

Ummm, you think management has done "a very good job of telling you what they are doing"?

I couldn't disagree with you more. As example, this "announced” signed rumour about a partner in Brazil. I've heard mainly from you that there are performance benchmarks in the agreement. There would be no reason why more specific information could not be shared with the shareholders

1) what's their timeline to have "clinics' up and running
2) how many locations do they plan on initiating 
3) what is the projected timeline for the first installation/ last installation

4) what’s their timeline for their version of FDA approval

That is just to start. there is nothing against the rules that says they can't announce minimums agreed upon in the terms.
There is nothing that should prevent them from providing information that could be confirmed by the average investor. You should not have to investigate to find any kind of information on a new partner.

In this video, it implies there is government support for the project. It would be nice to get a government official to identify themselves and make a statement to that effect.

Once again, I believe  this technology is sound. and the fellow in the video is right that execution is key in the next 6 months. Unfortunately, the company does not provide the quality of information to make these projections outlined in the video believable. 

 

I would hate to see the share price recede again; however, I find it too risky to add more money to this investment because of the lack of robust information provided by management. If the plans are robust, put them out there. If not, it would be better if they didn’t turn fairy tales into announcements


Bullboard Posts