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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

TSXV:COV - Post Discussion

Covalon Technologies Ltd > Aquaguard Revenues ?
View:
Post by nozzpack on Jul 30, 2021 8:24am

Aquaguard Revenues ?

Dont the Aquaguard Revenues make up about 50 % of total Revenues ?

If so, this is a huge chunk of potential sales and earnings removed from whats left which looks to be in the $12 million range per year.

That would be insuficient on a profits basis to warrant the current market cap even with the cash obtained from the sale of Aquaguard.

Management continues to underscore its inability to develop a sustainable business and should be removed.
Comment by prophetoffacts on Jul 30, 2021 9:20am
This post has been removed in accordance with Community Policy
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