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Bullboard - Stock Discussion Forum 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,... see more

TSXV:MDX - Post Discussion

Medx Health Corp > Scaled down my position
View:
Post by PrairieInvestor on Aug 12, 2022 12:08pm

Scaled down my position

I just sold off half my position. Yesterday afternoons press release on the private placement extension does not give me any more confidence in this group to raise the necessary funds. Watch this turn around right after I halfed my shares.

Good luck everyone.
Comment by Rubberband on Aug 12, 2022 11:52pm
I do not disagree with what you have done. This is madness. This should never had happened. And I will not accept Covid as their excuse, not now. I have sat on this hoping for years and tired of waiting now. Good on you for spliting half of your holdings, I will not be here much longer.  Rubberband
Comment by JusRob201 on Aug 13, 2022 10:21pm
No, you the did the right thing. I've gone past the exasperation phase into the acceptance phase with this company. Fortunately I've been able to do well enough elsewhere to offset the bag of MDX shares I'm holding so I'll probably just ride this crippled donkey into the ground. It was only 2 years ago or less that Mike was saying they were looking at 50-80 X Revenue in the next ...more  
Comment by hopefull on Aug 15, 2022 5:37pm
I think it's safe to assume that Mike has consistently exaggerated the performance of medx Spending the last few weeks deep diving into the financials came across some interesting things I'm sorting out. There's some money being still owed in particular I've been searching to find out from whom. RBC is owed money, this one in particular I believe will have a ripple effect on any ...more  
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