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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
Comment by csutton10on Aug 28, 2020 8:15am
239 Views
Post# 31468550

RE:Not Sure..

RE:Not Sure..I second that thought Rubberband. I feel as I have leaned toward the side of optimism for some time, but this latest release confuses me and leaves me feeling pessimistic. If anything, it tells me that they are using this instrument to delay releasing poor second quarter results so they can complete the latest share purchasing agreements. The only way I see the stock price from reversing its slow downward trend is with a news release indicating approval in Mexico or the signing of a new distribution agreement in the US/Canada.

I also question the agreement signed with Agoracom. It costs tens of thousands of dollars for a 20-minute video and a message board that mutes investors questions.

I am thinking of reducing my current position to air on the side of caution and just wait to see how things unfold over the next month or so.

Bullboard Posts