Post by
cautiousguy on Jul 28, 2020 12:37pm
ALTMED?
What, if any, is the relationship between altmed in florida and altmed in canada?
Comment by
LukeCoolHands on Jul 28, 2020 2:01pm
I believe their are the same..AltMed has phase studies being done by the university of Miami. "Maybe" a US based address, helps minimize the international process of paperwork n legalities of the studies (but not certain).
Comment by
cautiousguy on Jul 28, 2020 2:18pm
I'm not sure, Dr Roger McIntyre does not seem to be listed (shown to be) a principal with them.
Comment by
OriginalG on Jul 29, 2020 3:53pm
Not related. The disclosure on Altmed acquisition states asset is 75% of CRTCE which is Dr M's clinic in Mississauga. These guys get an A+ on capital markets and financing and a C- on M&A.
Comment by
cautiousguy on Jul 29, 2020 4:06pm
Can you please provide a link to that info? Thanks.
Comment by
OriginalG on Jul 29, 2020 5:34pm
sedar. material change report dated April 17th. Says they paid 55 m shares for altmed. material change report dated May 11th says they paid 75 m shares for altmed. Altmed owns 75% crtce. its really just a small clinic at this stage. Coupled with the other 3 acquisitions they diluted approx 110 m shares for little revenue, hence C-. They did raise $15 m tho, hence A+.