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CardioComm Solutions Inc V.EKG

Alternate Symbol(s):  EKGGF

CardioComm Solutions, Inc. is a global medical provider of consumer heart monitoring and medical electrocardiogram (ECG) software solutions. The Company’s technology is used in products for recording, viewing, analyzing and storing electrocardiograms for diagnosis and management of cardiac patients. It develops advanced software, hardware and core laboratory reading services related to ECG and ambulatory arrhythmia monitoring systems for medical and consumer markets globally. Its Global ECG Management Solutions (GEMS) and GlobalCardio (Cloud based GEMS) products are licensed worldwide to hospitals, ECG commercial reading services and physicians. The Company is also engaged in manufacturing, marketing, and sales of personal ECG monitors direct to consumers. The products are marketed under the HeartCheck brand. It has developed compatibility of the HeartCheck device to its GEMS and GlobalCardio based software to enable use of the device for remote ECG/arrhythmia monitoring services.


TSXV:EKG - Post by User

Bullboard Posts
Post by Cellarmanon Jul 01, 2020 1:45pm
370 Views
Post# 31212687

Trade receivables pg 15

Trade receivables pg 15If I am reading this correctly ,the Trade receivables on page 15 states the company recorded a bad debt expense of $370,099 largely related due to sales of Heartcheck ECG pens to Shoppers Drug Mart related to this customer during the year ended 31 December 2019. This would have been helpful to the bottom line . Just my humble opinion but hard to make money when not paid for product or services.
Bullboard Posts