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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 Dunworkin2on Nov 18, 2021 6:38am
76 Views
Post# 34139549

RE:RE:RE:RE:RE:So now they have a significant trial in Turkey

RE:RE:RE:RE:RE:So now they have a significant trial in Turkey

Thanks for your input Insightful1. I'm still hanging in here, in fact added a bit more yesterday. Wish that the ceo, cfo would also open positions. Hopefully soon, maybe it's a blackout with the quarter about to be released in the next two weeks.

Needless to say, since I've been here, about four years now, this has been one of the most frustrating stocks I've owned, and I've owned a lot. I have traded out twice and done well and should have stayed away until now...or a few months from now.?

The market is not giving any value to Mdx as it still needs to prove out the commercialization aspect. Minimal revenues, big losses, shareholder dilution -  not very attractive. Interest rates will be rising. Micro cap growth stocks that are not cash flow positive could easily get hammered in a rising interest rate environment.

I do like seeing recent news: Netherlands, Empower in Canada, and they Empower is focusing on the USA in 2022, an Italy pilot, the Turkey pilot, and I believe that more will follow.

So, this remains a high risk, speculative investment that is on the slow track to, fingers crossed, commercialization success, including, fingers crossed, government re-imbursement. Seems to now be a 'tuck it away' stock and come back in a year to see where we are at. Temper your short term expectations for revenue. This will take time. GLTA.

Appreciate seeing you buy in the open market Mr. Hennigar. Sylvain, Lesley - we are waiting!
 

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