Cloud DX Inc V.CDX.H

Alternate Symbol(s): CDXFF

Cloud DX Inc. is a Canada-based medical device manufacturer and software developer company that offers a complete virtual healthcare platform called Cloud DX Connected Health. It has developed a family of medical devices, each of which collects multiple vital signs. Its customers purchase Connected Health to remotely monitor patients with a variety of conditions, including serious chronic illnesses, such as chronic obstructive pulmonary disease and congestive heart failure, as well as patients recovering from surgery and COVID-19 patients outside of hospitals. Its customers include academic medical institutions, large hospitals and provincial health authorities in Canada, and physician practices and hospitals in the United States. Its Connected Health Kits include its Cloud DX Bluetooth pulse oximeter, the Cloud DX wireless weight scale and optionally, a wireless Bluetooth blood pressure monitor, digital thermometer, and digital wireless glucose meter from third party suppliers.

TSXV:CDX.H - Post by User

Cloud DX Inc > Teladoc or Medtronic will buy CDX?

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Comment by StrategyNuton Nov 29, 2024 11:26am

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Post# 36337580

RE:RE:RE:RE:RE:Teladoc or Medtronic will buy CDX?

Reading their latest statements and MD&A on Sedarplus, I note:

Interest expenses for the 3 months ending September is down about $575k due to "cessation of interest on the Company’s outstanding debentures from the execution of the NOI on June 6, 2024”.
Even without paying debenture holders their interest, the company lost $1.2 million in the 3 months ending September 2024.
Part of their financing came from increasing trades payables by ~$1.5 million.

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