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Imaging Dynamics Company Ltd. T.IDC


Primary Symbol: V.IDL

Imaging Dynamics Co Ltd manufacturer of medical imaging devices. Its products include 1600Plus X-series, Veterinary DR System, Magellan medical image processing software, Sirius Veterinary image processing software, CCD technology, Aquarius 8600, and VetnovaXion DR series. Geographically, it has two segments namely China and the Americas of which Americas generates a majority of revenue.


TSXV:IDL - Post by User

Comment by john378on Feb 24, 2016 2:59pm
69 Views
Post# 24590789

RE:RE:VVhy is this still listed.

RE:RE:VVhy is this still listed."Something just doesn't sem right."

Everything seems right if you had been following this saga over the years. IDC always lost money on their hardware sales. They were buoyed up each quarter to a little above or below the financial break-even point by their lucrative 14 year old Canadian military service contract (2000-2014). When that was not renewed it spelled the beginning of the end for them. Cutting costs and selling off assets bought some time but time moves forward and eventually runs out.

 


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