RE:RE:RE:RE:RE:Keep in mindI like the idea of spinning off MediCall. It makes MediCall a pure play and a potential takeover target down the road if it becomes as successful as I it could be. MediCall should do quite well on its own. I like the foreign student clientele. I would think we should see an update soon in regards to signing contracts with more agencies. Students will be arriving to study in the country over the next couple of months so there is a huge potential for the numbers to go up substantially.
The ratio of shares for the spinout to current investors will probably depend on the plans management has for expanding the company. The company would likely want to raise money for aquisitions, possible future movement onto the TSX, etc.... However, the company should still want to provide some liquidity in the stock.
Perhaps DMEVS also gets spun off as a pure play down the road too. DMEVS has a five year contract with Holiday Inn. That's quite a large hotel chain across North America. So if things work out with the initial installation, future contracts there can be huge. As well as, if I recall correctly, DM is waiting on the BC government for installation throughout the province with other clientele. DM is also paired with some realestate companies that can also lead to contracts across the country. The future looks bright for DMEVS if all pans out. As mentioned by other investors over the months, buying DM was like buying into three company's for the price of one.
In the end, spinning out some of the verticals will allow that part of the company to take advantage of their specific sector, andl allow the main branch of the company to take advantage of the AI revolution that is fast approaching. I believe the regulators of the exchange have always had a bit of an issue with the medical part of DM's verticals which is why screenpro was needed. Maybe this is holding back investment in the AI part of DM by those institutions and hedge funds looking for AI tech stocks to add to their portfolios.