CardioComm Solutions Inc V.EKG

Alternate Symbol(s): EKGGF

Healthcare Medical Devices

CardioComm Solutions, Inc. is a global medical provider of consumer heart monitoring and medical electrocardiogram (ECG) software solutions. The Company’s technology is used in products for recording, viewing, analyzing and storing electrocardiograms for diagnosis and management of cardiac patients. It develops advanced software, hardware and core laboratory reading services related to ECG and ambulatory arrhythmia monitoring systems for medical and consumer markets globally. Its Global ECG Management Solutions (GEMS) and GlobalCardio (Cloud based GEMS) products are licensed worldwide to hospitals, ECG commercial reading services and physicians. The Company is also engaged in manufacturing, marketing, and sales of personal ECG monitors direct to consumers. The products are marketed under the HeartCheck brand. It has developed compatibility of the HeartCheck device to its GEMS and GlobalCardio based software to enable use of the device for remote ECG/arrhythmia monitoring services.

TSXV:EKG - Post by User

CardioComm Solutions Inc

Bullboard Posts

Comment by Steve888on Jan 29, 2019 10:10am

127 Views

Post# 29291733

RE:FDA approval

Steve888 wrote: Based on the news released in January 10, 2019, CardioComm Solutions Completes Work on Arrhythmia Detection Algorithms with Artificial Intelligence-Based Learning. Please see today’s news at:

https://web.tmxmoney.com/article.php?newsid=8889131637995864&qm_symbol=EKG

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As indicated by the news released in December 31, 2018, FDA Removes Additional Clinical Testing Requirements for the HeartCheck CardiBeat.
https://web.tmxmoney.com/article.php?newsid=4756409908403130&qm_symbol=EKG&mobile=false

What could happen if EKG receives the above FDA approval? Let’s review the following history.

In January 19, 2012, CardioComm Solutions, Inc. Received FDA Clearance to Market First Over-the-Counter Heart Monitoring Solution. Please review the news at:

https://www.cardiocommsolutions.com/press/2012/January%2019,%202012.pdf

As a result, the following historical daily tradings shown that the share price jumped from $0.04 to about $0.60 in just few days from January 20, 2012 to January 25, 2012. https://web.tmxmoney.com/pricehistory.php?qm_page=23121&qm_symbol=EKG

Similar market response could happen for this time.

Price History for CardioComm Solutions Inc

Enter date to view previous 30 days of price history (mm/dd/yyyy):

Date Open High Low Close Volume Chg % Chg Adj. Close Trade Val # Trades

01/30/2012 0.39 0.39 0.32 0.32 3.96m -0.07 -17.95% 0.32 1.41m N/A

01/27/2012 0.34 0.405 0.325 0.39 4.46m 0.025 6.85% 0.39 1.65m N/A

01/26/2012 0.40 0.44 0.32 0.365 7.87m -0.035 -8.75% 0.365 2.98m N/A

01/25/2012 0.46 0.59 0.39 0.40 17.22m -0.035 -8.05% 0.40 7.94m N/A

01/24/2012 0.16 0.45 0.15 0.435 23.63m 0.29 200.00% 0.435 6.92m N/A

01/23/2012 0.135 0.19 0.13 0.145 5.62m 0.015 11.54% 0.145 875.54k N/A

01/20/2012 0.075 0.19 0.075 0.13 11.03m 0.09 225.00% 0.13 1.46m N/A

01/19/2012 N/A N/A N/A 0.04 0 N/A 0.00% 0.04 N/A N/A

01/18/2012 0.04 0.04 0.04 0.04 11k -0.01 -20.00% 0.04 440.00 N/A

01/17/2012 N/A N/A N/A 0.05 0 N/A 0.00% 0.05 N/A N/A

01/16/2012 N/A N/A N/A 0.05 0 N/A 0.00% 0.05 N/A N/A

01/13/2012 N/A N/A N/A 0.05 0 N/A 0.00% 0.05 N/A N/A

01/12/2012 N/A N/A N/A 0.05 0 N/A 0.00% 0.05 N/A N/A

01/11/2012 0.04 0.05 0.04 0.05 10.9k 0.01 25.00% 0.05 521.36 N/A

01/10/2012 0.04 0.04 0.04 0.04 59.25k 0.00 0.00% 0.04 2.37k N/A

01/09/2012 N/A N/A N/A 0.04 0 N/A 0.00% 0.04 N/A N/A

01/06/2012 N/A N/A N/A 0.04 0 N/A 0.00% 0.04 N/A N/A

01/05/2012 0.04 0.04 0.04 0.04 50k 0.00 0.00% 0.04 2k