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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
Post by Insightful1on Jun 09, 2020 10:17am
203 Views
Post# 31128323

BT Global invests in MedX

BT Global invests in MedXI was asked by an earlier poster could I identify any Institutional Investors in MedX. BT Global would be one of thse Institutional Investors.

MedX was featured in BT Global's newsletter this month.

https://btglobal.ca/investment-funds/

Here is the section of the report;

We have two significant investments that are benefitting from COVID-19 issues. One is in the e-sports business, which is booming as most other professional sports have been cancelled. The company is private and plans to complete an IPO early next year. They are doing a financing now at over 10x our investment from three years ago. If the numbers continue as they have, this will be our top performer of all time. The second company is public, MedX Health (Medx.v), and is a true tele-medicine play in the field of dermatology. We believe they have the world’s best solution to verify whether or not your skin blemishes, moles and lesions are dangerous. If we are correct, this company should not have a market cap of CAD $25 million and if they complete the partnerships that are being offered them, the revenue model suggests substantial growth in revenues and cash flow rather quickly. Please call us if you want more detail on either of these companies.

Hope this helps.
Bullboard Posts