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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

Post by Infidel_on Dec 03, 2020 5:33pm
139 Views
Post# 32033517

Sell the technology or get bought out

Sell the technology or get bought outTime for MDX to pass the technology on to a group who can execute. Probably a private, healthcare focused firm would be the best option to actually get this thing to the market where it can help people and get monetized. Likely the only way for the company to get out of its jam, too. The share structure is gross, the stock price is low and the treasury is empty. After all these years, there has been no real, substantial progress of the type that long-time observers would be forgiven for expecting. If that doesn't happen, I smell a roll back and another financing.

With respect to Agoracom, there are two questions:
- has the share price increased since they were brought on board? 
- has the liquidity increased?

Both appear to be resounding "no".

As far as potential investor awareness, have their been any conferences, webinars, interviews, social media, etc. etc. to get this story out there apart from little trickles here and there? Has Agoracom been arranging such things?

Frankly, I don't think this company has a prayer unless something drastic is done and done soon.
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