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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

Comment by Insightful1on May 01, 2021 2:40pm
127 Views
Post# 33108805

RE:Blocked

RE:BlockedI have onlu blocked SwapCat or whatever his name was as I found him annoying.I think the rest of the dialog on this site quite well thought through and provides good dialog.

My comments about feelings were a response to Hopeful's statement "let's see how or insightful can justify how investors are feeling and how he sees this outcome." I cannot justify investor's emotions a oddly worded statement so I just made the comment "Feelings and the stock market never lead to success in my experience." which was I thought a reasonable response.My comment is based on well established behaviorialism. See site below:

https://www.toptal.com/finance/financial-analysts/investor-psychology-behavioral-biases

Everyime MedX has had news that was not revenue driven but organizational buildiing news the share price has fallen and then recovered. My suspicion is there are very long term shareholders like hopeful who have owned the shares long before the new management team was installed and just sell their positions...they have had enough. Fully understandable. When a comment is posted that perhaps it is Gary Van Nest selling and that becomes repeated as truth then I think we are getting into emotional land and that is grasping at straws thinking.

GaryVan Nest was getting older and was deealing with health issues as stated and it was time to step down and allow new blood onto the Board. If he wanted to sell a large block of his shares he would most likely approach Beacon who knows MedX well and they would find an institution that would aquire his shares. 

MedX will always do a pilot study with large companies before a large roll-out that is standard operating procedure with any  novel technology. The Netherlands started with 1 location and it is working well so they have expanded to 7 and plan to move to 41 according to the MedX press release. Rexall through Empower will be the same. 

MedX has a large number of initiatives underway that they have discussed in their shareholder's meetings once these initiatives are fully installed MedX will have a large and growing base of recurring revenue that will not go away. I understand it is frustrating waiting but that is the nature of this type of investment. For those with a longer term outlook I would suggest this is an excellent long term investment. It will be frustrating if you think you can day trade this company.

Always open to good dialog.





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