Share PriceWow....again this morning I see on delayed Canadian exchange an ask of .37...a bid of .32...yet a sp of .41. All on 1500 shares traded. Someone is again trying to kickstart the sp by paying more than the ask. Happened yesterday also. Again it will not hold...just like it didn't yesterday.
You cannot artificially create the appearance of a great investment...an artificial winner. Great investments happen when a business plan is successful and people/businesses really want your product or service. I have not seen much other than festivals and parties for the Covid scanners. Another deployment/location provided scanners on a voluntary basis only. And the alcohol and drug impairment detection part of the business is silent. Crikets. If the detection AI worked why are businesses not beating down PMED's doors.
I hear nothing about the study they did to verify the AI. It's been over a year now. I hear nothing about the patent they were working on. The one that was supposed to be a slam dunk. And they mentioned that they were in talks to list on the Nasdaq. At this point in time that would take a multiple reverse split just to meet the minimum sp on the Nasdaq. I look at that as pure promotion. And throwing the AI terminolgy around works for awhile...gets investors excited. But it has to be followed by actual business with revenues or it's just a big promotion.
All IMHO
Badog