Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Medx Health Corp V.MDX

Alternate Symbol(s):  MDXHF

MedX Health Corp. is a medical device and software company. It develops and manufactures skin-related screening tools and phototherapy devices for pain relief and tissue repair. It focuses on skin health with its SIAscopy on DermSecure telemedicine platform, utilizing its SIAscopy technology. SIAscopy is a medical device technology that is used to scan skin for suspicious moles and lesions and, including DermSecure, its telemedicine software application, and phototherapeutic medical devices, which use light energy in lower-level laser and light-emitting diode to provide treatment of pain and tissue damage in the rehabilitation market. Its products SIAMETRICS, SIMSYS, and MoleMate include hand-held devices that use patented technology utilizing light and its remittance to view up to two millimeters beneath suspicious moles and lesions in a pain free, non-invasive manner. Its SIAscopy on DermSecure telemedicine platform enables the Web-based operation of its SIAscopy scanning technology.


TSXV:MDX - Post by User

Bullboard Posts
Comment by Insightful1on Jan 22, 2020 5:05pm
117 Views
Post# 30585445

RE:Curious Price action

RE:Curious Price action

Managements job is not to buy shares out of the market to make you feel better, how silly. MedX's management team responsibility is to drive revenue and create shareholders value. As for the options this is how you attract new talent and compensate current management. MedX like all microcap cannot afford to pay the senior executives the normal market rate therefore they can use options as an incentive. They are not FREE. If management does a good job and increases shareholder value then the share price moves up and the options have some value. This means the senior managements interests are aligned with the shareholders. It also allows MedX to attract key people to their Medical Advisory Board. 

MedX just added ~$1million in hardware sales and ~$1.8 million in recurring revenue once the devices are deployed. Should be by end of Q1. That means management just created more revenue in 1 order than all of the sales over the past 3 years. My prediction is MedX will migrate to the USA where they will partner and the shareholders in Canada will finally understand how SaaS model shares are valued. Unfortunately a lot of Canadians as usual will miss out on this world class company. 

Hope this helps. 

Bullboard Posts