Bullboard - Stock Discussion Forum CVR Medical Corp V.CVM.H

Alternate Symbol(s): CRRVF

Healthcare Biotechnology

CVR Medical Corp. is a medical technology organization. The Company is focused on the development and advancement of technology at work within the healthcare sector. The Company’s Carotid Stenotic Scan (CSS) is a diagnostic tool designed to detect and determine a level of carotid narrowing for the purpose of identifying patients at risk for Ischemic Stroke. The CSS provides a synergistic tool... see more

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TSXV:CVM.H - Post Discussion

CVR Medical Corp > End game

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Post by JoefromDC on Aug 02, 2021 8:35pm

End game

How does this end? Bankruptcy with all shares worthless? Zombie company at a penny a share for years? Play 1: Sell and recoup a few dollars and take the loss deduction. Play 2: Keep the shares and hope for a sale of the ip or a miracle. Any other options?

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Comment by Looneytunes on Aug 03, 2021 2:54pm

I think bankruptcy with Bakema trying to buy the assets back from the Administrator - just have to hope for a bidding war that's won by someone with the ability to bring the CSS to market - it would be an absolute travesty were Bakema to have the chance to try again at our expense.

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Comment by Nastro on Aug 03, 2021 4:22pm

Actually I don't see how he does given he literally has no money, hence he was living in Lynch's basement flat for so long - since kicked out now I'm reliably informed. Even if he did manage to cobble together the necessary dollars he wouldn't be able to take it through the FDA for the same reason. He would have to find a suitable mug to finance it for him and no one ...more

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