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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 Redrum180on Nov 08, 2021 11:05am
115 Views
Post# 34099815

RE:MDX drop

RE:MDX drop     Your defense of the deafening silence from the company is interesting since all we know about MEDX is what they claim (and I believe) is a revolutionary, earth shaking product (which is why I purchased the stock.) 

     Don't forget, Sperry-Rand sold the first available computers, UNIVAC; yet they were overtaken by IBM who themselves -- for all intents and purposes -- missed the huge opportunity to dominate the personal computer space.  So execution is important.  Getting the job done is important.

     The fact that there are few, if any, substantive news releases being issued by the company is unquestionably something that should be taken into consideration and does raise questions like: 

     Why is something so disruptive in terms of its life-saving capabilities and low cost being ignored by the market and potential acquirers?

     I have been reducing my position over the past few weeks; I'll be happy to pay up for more shares if the company shows some positive results, but usually if it looks like a duck, walks like a duck and talks like a duck, it's a duck.  It goes without saying that one big contract could make this stock a 10-bagger but I'm not seeing the type of volume and interest in the stock that would be indicative of something like that.  

     I hope you turn out to be correct because I'm holding my core position in MEDX now; but criticizing people who have their doubts is foolish because there are plenty of reasons for concern. 

     I would suggest you continue to buy shares and take advantage of the cheap share price because, obviously, you have zero concerns about the company.  

     

     
     




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