RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Stock ValueOh ... and Medx has a money?
If they have any money they should not be diluting by paying their insiders debt with stock every other month? They have been around 6 years longer than Verisante and according to both of their financials Medx does not have any great traction you boast about all the time.
MISSISSAUGA, ON--(Marketwired - December 31, 2015) - MedX Health Corp. ("MedX" or the "Company") (TSX VENTURE: MDX) announces that, effective December 23, 2015, it has issued 3,253,437 common shares in settlement of a total of $406,565 of debt. This debt settlement was previously announced in a press release on November 27, 2015, which confirmed that at the Annual and Special Meeting of Shareholders held on November 23, 2015, shareholders approved the issuance of 2,550,000 common shares to insiders related to the settlement of $328,956 of indebtedness owing to certain insiders.
The Company also announces that it has granted 100,000 share options to an insider, which are vested, and are exercisable at $0.12 for a period of two years from the date of the grant.
Following the share issuance, the Company has 73,890,509 shares outstanding. The shares issued are restricted from trading until after April 24, 2016.
Read more at https://www.stockhouse.com/news/press-releases/2015/12/31/medx-health-corp-announces-issuance-of-shares-and-share-option-grant#0dQw4O14FVqFO4SJ.99