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Predictmedix AI Inc C.PMED

Alternate Symbol(s):  PMEDF

Predictmedix AI Inc. is a life sciences technology company. The Company, through its subsidiaries, focuses on artificial intelligence (AI) technologies which target two specific areas: workplace health and safety and healthcare. It has developed a technology for the identification and detection of infectious disease symptoms, including COVID-19, referred to as its infectious disease symptom screening solutions (IDSS) and marketed in North America under the name Safe Entry System. It is also developing AI-powered products that address detection of alcohol and/or cannabis impairment in individuals; mental illness screening, and remote patient monitoring and treatment plans, referred to as the Mobile Wellbeing product. It is adding additional modules to this Mobile Wellbeing platform that enable us to use a patient’s history and real-time medical data, such as blood pressure, and to provide patients and their medical professionals with treatment plans for chronic disease management.


CSE:PMED - Post by User

Comment by prasaton May 23, 2020 4:22pm
255 Views
Post# 31065180

RE:RE:Over 100 Million shares Outstanding

RE:RE:Over 100 Million shares OutstandingBased on a 4.5 million (min) contract and low burn rate, PMED would be running cash postive and will be profitable, and considering its potential growth, one could probably get away using a multiple closer to 30 or which would bring it around 1.20 ish?  If it were to trade on the Nasdaq, I'd be inclined to give it even more....but its all a guessing game. The market will give it what it wants but I think the cost per share will continually move up as it chases the next contract.
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