Predictmedix AI Inc C.PMED

Wow? What’s going on here?

[ronrydell]

The next trade will really be a shocker....and ask of $.10 below the last trade. What's going on here?

[joe9904]

I fuess this is due to the small number of shares in the public domain. Still have not been able to find out how many shares - of the 100,000,000 (approx) - are held by insiders!

[redwings6]

It's called MANIPULATION!!!! Someone knows something, for every seller ther is a buyer so while the week knees dump running scared because the price dropped the buyer eagerly scoops up the cheapies.  Too bad the truth will take a month to come out!!!

[chrispi]

well Joe, you obviousy didn't look too hard because it is clearly spelled out in many documents (filings and company presentations) that it's over 40% insider ownership just by the CEO and President (2 people). I would assume if you are including all insiders of the company then it is well over this.

[joe9904]

Usually, you can find this informsatiion on Ink Compamny Insider. For this Company, it is not available. I just wanted to confirm my suspicion that Insiders might have up to 60% of the available stock. If Predictmedix is this tightly held, I think thet is why they are getting no coverage from the brokers. Or, is todays activity Insider selling? I sent a message to Rahul on Monday, but have had no

[chrispi]

I told you where to find the insider info. It's in older exchange filings and also in their (earlier?) corporate presentations. It is above 40% I'm sure of that. As for insider selling THERE IS NONE as they have to file with the exchange when any insider buys or sells. There have been no filings to date. Damn, I hate it when people post fake info or make statements that can cause a panic

[joe9904]

You seem very certain on your info! I did not say there was insider trading. I asked if it could be. To me 40% insider is nonsence. It is in the mid 50's, but why is the Company not making it public. I believe they posted information on June 10,22 and 24 as well as July 7 and 9, but it was only posted on Sedar on July 24. Kind of makes you think about their Corporate Governance. Just saying!

[chrispi]

I said at least 40%. 40% is just between the 2 head people.

[Profit-]

Hey Joe, from what I've been able to find it seems Sheldon Kales owns 29,000,000 shares (29%), Dr. Rahul Kushwa owns 8,000,000 (8%), and roughly another 1,000,000 (1%) divided up among 3 other company insiders who hold a much smaller amount. Perhaps deeper searching would reveal 1 or 2 more insiders but I would ballpark that PredictMedix is around 40% insider owned which isn't too bad. Don

[LandCruiser1983]

I believe that Pmed missed the boat on the 'window of opportunity' during Covid. Delayed in rolling out product. Now that a vaccine is a given for late Fall, the lcjng on its cake(the screening portal) is not as important as it was last month so investor sentiment is turning negative, hence selling. If it cannot shine during this medical crisis,   when will it  ??