CardioComm Solutions Inc V.EKG

Moving forward

[EnPassant1]

Today and this past week have been great for EKG. Not to insult anyone but the people saying they sold today I don't believe had any sway in what the stock price did. A certain bank seems to be doing a fine job of that by themselves. The fact that this still closed in double digits was something every long shareholder should be very happy about. I look at it this way, with one press release of them teaming up or getting a contract, will have everyone running to buy back in at double what they sold for today. I think a few people are not looking to flip for a couple cents here and there they are looking for this to hit 50-60 cents a share rather in a year or two. 

Addressing their law firm they hired in the USA, it seems like an amazing one. Reading everything I can about them even from glassdoor, former employees gave the CEO a staggering 91% approval rate. IMO it doesn't seem like CardioCom just grabbed some cheap law firm at will, but actually did some research. Not mention as of Jan 15th they annouced they were expanding even more ( albliet in a different area then what we hired them for ), but usually when a law firm is scooping up people it's a great sign. One has to think this law firm isn't going to be cheap so I'm wondering if a deal was within reach but they just needed someone to help them get over the hump with it. 

Lastly, this paragraph in the release,
Of significance is the GEMSTM Mobile smartphone app, a slimmed down version of the Company's hospital-based software named Global ECG Management System (GEMSTM). In addition to supporting CardioComm's own CardiBeat device, GEMSTM Mobile is the only ECG management iOS and Android smartphone app that has the ability to connect to several different manufacturers' ECG monitoring devices. The first release of GEMSTM Mobile will give people the choice to work with up to two other handheld ECG monitors, both of which are already cleared for sale by the FDA in the US.

That could be a massive life saver in the USA. Picture people without great coverage can now monitor their hearts without massive expensive hospital bills. A simple device which cost way less than going to see a heart specialist in States and you can get the same results. 

According to USA health the AVERAGE cost for a EKG is,

• Uninsured patients can expect to pay $500-$3,000 total for an EKG. An EKG averages $1,500, according to NewChoiceHealth.com^[2] , but some locations charge as high as $2,850. Typically, prices are higher for services in metropolitan areas, than in smaller rural communities.

Now just look at that cost and tell me, this device can't help save peoples lives and peoples wallets. I'm here for the long haul.