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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 chrispion Jun 11, 2020 1:07pm
157 Views
Post# 31139181

RE:RE:RE:Concern re: Predictmedix

RE:RE:RE:Concern re: PredictmedixWhat exactly are your questions so we can try to answer them?
I've done extensive due diligence on this company so fire away with the questions.
I'm sold on their technology - they aren't going to be announcing a sales contract every single day but the company is firing on all cylinders behind the scenes.

What separates this company from others is that the management and employees goals are aligned with shareholders - that is, all want a higher share price as that is how everyone will be rewarded. Did you know that burn rate for the entire company is about $45k CDN/month ? That's insanely low. CEOs at other companies make that per month just themselves. Execs and employees are compenstated thru stock options that obviously become more valuable as the share price rises and hence are motivated to do everything possible to get the share price as high as possible. CEOs at other companies get their fat paycheck no matter how the company does - good or bad. That is the wrong way to do it if you are a shareholder.

So, name me one other company that is debt free, has about $1.8m CDN in the bank, has a monthly expense of about $45k CDN and is growing as fast as Predictmedix and the best part, the cannabis impairment detection opportunities, are still to come.
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