RE:RE:RE:RE:have the announced a financing yet?Insightful1 wrote: It really helps if you read and understand the press releases. MedX closed $4 million in financing in February 2021. Here is the press release to read.
https://stockhouse.com/news/press-releases/2021/02/25/medx-announces-final-closing-of-4-million-convertible-debenture-loan-notes-non
So do you really think they blew through that money in 3 months???
The bottom line is in every financial statement but you have to read them.
MedX released news today which has been posted.MedX trust level is diving according to you yet they still can attract top tier people to their management team do you think that is possible if they do not have a real technology and money to afford people of this calibre??
Really? First, it is a convertible debenture loan. That's comedy. And if you're going to strut about bringing in that money then how about telling us what the current cash position is? Why aren't the financials posted on the website? The last financials there are from 2018. Isn't it a disclosure requirement that they be posted? What is MedX trying to hide?
Per annual financials "As at December 31, 2020, the Company had current liabilities in excess of current assets of $2,062,790". How much of the $4 million went to pay things down?
where is the share structure? why is none of it front and center? again, have to look at sedar filings to see: 176 million shares out before this last financing and 57 million warrants. How many of each now? another 42.7 million shares as part of the converitble debt. that's over 275,000,000 fully diluted.
There have been 7 news releases issued in 2021 to date. 2 are on the website. why?
Are you really using some personnel appointment as evidence of a strong balance sheet? that's laughable.where are the numbers? his bio didn't even make it on to the website! Besides.Anyone would lend their name for enough compensation. How much is he being paid and how much work is he actually doing?