TSXV:ZMD.H - Post by User
Comment by
mhillmanon Dec 12, 2013 3:58am
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Post# 21997516
RE:RE:Zoomed will be sold if a
RE:RE:Zoomed will be sold if a
movenup wrote:
just a question where was the original news release regarding a buyout by lxv.v to suit there other business in the medical field ? thxs in advance
Don't think there was a company news release stating that, it was wrote up as a posibility in an investment blog.
https://tsxnews.blogspot.ca/2013_11_01_archive.html
ZMD makes a prime buyout target with a market cap of under $3.3M and revenues of over $7M in the past four quarters. Unlike NCI their quarterly performance has been inconsistent and the last financial release disappointed the market so the stock price has been driven down to very cheap levels. The
ZoomMed Communication Networkis a clinical interoperable information exchange network between physicians and the various other stakeholders of the healthcare sector. Compare that to LXV's purchase of
Sosido Networks in May: