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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 Higherhopes2020on Aug 14, 2020 1:46pm
173 Views
Post# 31409606

RE:Share Ownership

RE:Share Ownership

Mr Kales the co founder owns 29 mil +  I read some time back insiders own 55% of the company.  Anyone can correct me if I am wrong.
At PMED No one get paid in cash.  Everyone gets stock option.  This why the burn rate is less than 50k a month.  They have ~1.3 million in cash.
this should last for 2 more years.  No need to raise cash,

Insider Roster

Individual or Entity Most Recent Transaction Date Shares Owned as of Transaction Date
*Insider roster data is derived solely from the last 24 months of Form 3 & Form 4 SEC filings.

KALES (SHELDON)
Director of Issuer

Acquisition or disposition in the public market

Dec 26, 2019

29,021,000

MALHOTRA RAKESH
Senior Officer of Issuer

Exercise of options

Jul 05, 2020

300,000

SIPOS (TOMAS DAVID)
Director of Issuer

Acquisition or disposition in the public market

May 03, 2020

250,000


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