Bullboard - Stock Discussion Forum LED Medical Diagnostics Inc LEDIF

Healthcare Diagnostics & Research

"LED Medical Diagnostics Inc is a Canada based company engaged in development and marketing of a medical device under the trade name VELscope which is used in the dental industry to help identify oral soft tissue abnormalities including those which may be cancerous or precancerous. In addition, the company also features a Digital division that provides dentists and oral health diagnostic... see more

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GREY:LEDIF - Post Discussion

LED Medical Diagnostics Inc > Ewing Morris

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Post by deepthinker63 on Jan 18, 2019 12:39pm

Ewing Morris

So, they didn’t see need to join BOD at the time if investment back in September. Why now? Seems to me it’s a combination of the ever diminishing share price and the Suni collapse, where LED management was caught completely off guard. It was a shock to everyone that they didn’t even have a customer list, and couldn’t get one.

I don’t know if this was anyone’s “fault” per se, but it just looks a bit sloppy.

Ewing Morris needs the stock price to get above $1.50 in the next 4.5 years. Right now, that doesn’t look likely. I’m not sure what they think they can do to turn things around, or why they think the current BOD ain’t cutting it.

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