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Bullboard - Stock Discussion Forum Covalon Technologies Ltd V.COV

Alternate Symbol(s):  CVALF

Covalon Technologies Ltd. is a Canada-based patient-driven medical device company that provides healthcare solutions for advanced wound care, infection control, and medical device coatings. The Company's solutions are designed for patients and made for care providers. The Company leverages its patented medical technology platforms and expertise in two ways: by developing products that are sold... see more

Bullboard (TSXV:COV)

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Comment by ARIMA11on Nov 14, 2023 9:39am

RE:RE:Leadership changes

Let's hope these guys wake up soon. Best thing they can do is sell the company. After years of talking, cash burn, the stock price speaks for itself.
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  • Possibleidiot01X
Comment by Possibleidiot01on Sep 29, 2023 11:59am

RE:RE:Leadership changes

Seems like no ill will here as he remains on the board ; could be a mutual thing as it appears there is value here to be unlocked
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  • nkbourbakiX
Comment by nkbourbakion Sep 26, 2023 10:05am

RE:Leadership changes

Can't see this being planned, as it is effective immediately without a replacement in mind.  Even without knowing the replacement I'd say this is a positive development.  At list it ...more  
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  • Possibleidiot01X
Post by Possibleidiot01on Sep 26, 2023 8:18am

Leadership changes

Brian Pedlar, who will remain on Covalon’s Board of Directors. Also has a comment from a major shareholder and board member "“As an experienced CEO, and member of Covalon’s Board since 2020 ...more  
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  • LTNvestorX
Post by LTNvestoron Sep 25, 2023 10:19am

Life with a Central Line [WEBINAR] - Link to PR 9.23.23

https://ir.covalon.com/news/news-details/2023/Life-with-a-Central-Line-WEBINAR-Key-Considerations-from-the-Patients-Perspective/default.aspx
Comment by ARIMA11on Aug 16, 2023 11:18am

RE:RE:Interesting

Let's see if they do it. They certainly have not continued it since it expired... https://ir.covalon.com/news/news-details/2022/COVALON-TECHNOLOGIES-LTD.-ANNOUNCES-NORMAL-COURSE-ISSUER-BID-05-25 ...more  
Comment by mcapproon Aug 16, 2023 11:18am

RE:RE:RE:Interesting

That doesn't mean they need to raise money.  
Comment by ARIMA11on Aug 16, 2023 11:13am

RE:RE:Interesting

Look at the cash balance on a quarterly basis.... It's not going up... :)
Comment by mcapproon Aug 16, 2023 10:46am

RE:Interesting

Where are they using $2-$3M per quarter?  The recent annual performance shows just over $1.1M in Adjusted EBITDA loss (cash burn) for the 9 months for fiscal 2023.  The company has a strong ...more  
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  • ValueGuy1965X
Comment by ValueGuy1965on Aug 16, 2023 10:39am

RE:RE:RE:Interesting

My understanding from a few years ago is that the larger shareholders are prohibited from buying more shares because they have such high ownership already.  The regulators sometimes indicate when ...more  
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  • Stonksonlyup90X
Comment by Stonksonlyup90on Aug 16, 2023 9:45am

RE:RE:Interesting

In addition to a share buyback you'd think that we would see insiders step up and buy on the open market if they had that much confidence in the stock! When's the last time we saw an insider ...more  
Comment by ARIMA11on Aug 16, 2023 9:34am

RE:Interesting

On one hand Covalon is confident but its somehow apprehensive about a buyback... 
Post by ARIMA11on Aug 16, 2023 9:33am

Interesting

Good Quarter but the cash balance continues to go down (9.1M) compared to (22.1M) after the sale of Acquagard in FY2021. If they continue to use 2-3M a quarter they will need to raise funds in the ...more  
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  • FactualOneX
Post by FactualOneon Jul 19, 2023 6:55am

Premier Medical Journal Spotlights Covalon’s VALGUARD

https://ir.covalon.com/news/news-details/2023/Premier-Medical-Journal-Spotlights-Covalons-VALGUARD-A-Novel-Solution-to-Long-Standing-Problem-of-Protecting-Vascular-Access-Sites/default.aspx
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