CVR Medical Corp V.CVM.H

Alternate Symbol(s): CRRVF

Healthcare Medical Devices

CVR Medical Corp. is a medical technology organization. The Company is focused on the development and advancement of technology at work within the healthcare sector. The Company’s Carotid Stenotic Scan (CSS) is a diagnostic tool designed to detect and determine a level of carotid narrowing for the purpose of identifying patients at risk for Ischemic Stroke. The CSS provides a synergistic tool, which complements other stroke screening technology such as Duplex Doppler ultrasound (DUS), magnetic resonance angiography (MRA) and computed tomography angiography (CTA). The CSS is non-invasive and does not require the use of harmful dyes. It offers its product to patients, payers, and healthcare providers.

TSXV:CVM.H - Post by User

CVR Medical Corp

Bullboard Posts

Post by Aquaman11on Jun 10, 2020 7:10pm

133 Views

Post# 31136095

Board of directors and renegotiated deal?

The PR states:"The parties have terminated and cancelled the previously announced restructuring agreement and the Boardof Directors is in the process of renegotiating an alternative restructuring agreement with CVR Global Inc"

Aren't the Directors the same for Global as they are for Medical?

Same BS spinning around except for Bakema? ...then again, he's always proven to be able to sneak back and grease the wheel through the backdoor...

Then the statement goes:"Post restructuring the former CEO PeterBakema will hold more than 10% of CVR Medical shares, however, his involvement with the Companywill be as a shareholder only and subject to a voting trust agreement. Mr. Bakema will for a period of (12)twelve months assist in an unpaid capacity to coordinate and transition ongoing capital development efforts."

How can they determine this if the agreement has not been renegotiated yet?