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ZoomMed Inc V.ZMD.H

ZoomMed Inc. is a Canada-based company, which builds and operates ZoomMed’s Communication Network, a clinical interoperable information exchange network between physicians and the various other stakeholders of the healthcare sector, such as pharmacists, specialists, pharmaceutical corporations and private insurers.


TSXV:ZMD.H - Post by User

Bullboard Posts
Comment by mhillmanon Dec 12, 2013 3:58am
167 Views
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:
Bullboard Posts