WELL Health Technologies Corp T.WELL

Virtual services IPO

[Realmattersbull]

If Hamed separates well into virtual and in person by ipo, it will only be to sell off virtual side, this will leave us shareholders holding a stripped down company with barely no growth. It would be a worse case scenario. Well will get a lot of money for a buyout of virtual services but it would be useless to shareholders because the SP would fall badly and the cash would only be good to buy more clinics which are money pits..Profitable yes but not a growth stock anymore. Rumor has it that all the big cloud companies like AWS and Microsoft are looking to buy EMR companies. Well will be a target. Hamed holds a lot of shares. An IPO cost alot of money. If the IPO is done just to sell off virtual services, then Hamed may just pay out most of the cash in a special dividend, so Hamed gets paid. The company stock price will fall further maybe 2 bucks or more without virtual services. So Hameds shares are worth alot less. A special dividend would be a big bonus to Hamed. Big money AMAZON and Microsoft will overpay for EMR. But the sale will destroy our big payday we hope for in the future. IMO

[monty613]

if they did do this, they would likely do something with CRH/MyHealth in tandem - either a take-private deal like an LBO (where Hamed would buy his own public company shares and take the company private, while staying on as owner) - or they would just sell the "medical services" side of the company to someone else who could integrate it. the company is a real mixed bag of assets, that

[Realmattersbull]

Agreed. I'm just worried if they IPO virtual services it'll leave parent company WELL stripped out of the higher multiple SaS sector.(even though well has not got a good multiple now) It could leave today's investor out in the cold and stuck with the wrong pieces of what once was a great growth company,with multibagger prospects. If Hamed takes all the IPO money and the cash from a

[Realmattersbull]

That's the worst part though. If Wells assets are broken up Well stock holders get squat,except a company with less assets. If sold as a whole stockholders get a payday,but selling only a part, the company gets cash,stockholders get burned. Unless they pay special dividend to us. I heard that the oracle deal , had 25% of US EMR customers. Well has only a fraction of cdn customers so maybe

[speedy99]

Where's all this coming from?  Did you have a bad dream?

[monty613]

Hamed talked about the potential for IPO'ing Virtual Services on the Q3 conference call, mostly because he said the market wasn't recognizing the value/growth of that business. WELL has something in their agreement with Circle about allowing an IPO as well (in addition to their call option to purchase the remainder of the biz). yes this is speculation but it's a real concern about

[brandinvestor]

Every day I dream about stripping the Telehealth businesses away from the true money makers of WELL being the brick and mortar clinics. If you look at the financials, 95% of their entire income is with clinics or related services. 5% coming from telehealth and related businesses however when you read every single page about WELL from Globe and Mail, or Monley Fool, it all states WELL as a