Medx Health Corp V.MDX

MedX Announces Closings of First $2.5 Million of Convertible

[hopefull]

Can someone share how this might play out in share price if the share begins an upward trend

[Swampcat27]

Yes. Good question. I concur..

[Swampcat27]

sounds like a good thing for the company and those with all the money , but a bad thing for the common stock holder.

[hopefull]

can you please elaborate. Trying to get a handle on Medx thinking and if this just adds to more time for us to wait to be in n the money. This is a new one for me convertible loans. Looking for some insight on the long game.

[Insightful1]

I think this funding is quite unique in that it not only shores up MedX's balance sheet but also it is a note that is due in 3 years. The institutions and accredited investors must have had faith in the cash flow numbers that MedX was at a tipping point and would be able to pay back the note upon maturity. This is a good indicator in my opinion. Also having a stronger balance sheet gves

[hopefull]

I hope the new investors do, as you believe we who have been here long have been faithful, but understandibly jaded. I am sure you can understand. As Far as Market capitaization, i believe Medx is exactly where it should be and perhaps maybe even over valuated, this based on most recent finacial filings. I believe there is the potential for Medx to be a Billion dollar company however my belief

[Insightful1]

$.40 was for illustratitive purposes only. Typically a SaaS model company will trade at 10-12 x forward revenue. That multiple is highbecause of the guaranteed predictable recurring revenue. MedX will really come into its own once they have articulated their AI strategy and can show how they will monetize their data. That is when it will have its big break-out in my opinion. The good news is they

[bogeyfree]

Insightful1, you wrote: "That is when it will have its big break-out in my opinion." Would you be bold enough as to predict a timeline as to when this might happen? Thank you! P.S. Don't always agree with what you write but I certainly respect your opinion.

[Insightful1]

I think it will happen in stages, firstly you will see as a shareholder the number of locations open. You will be able to track that on their site. MedX has already announced they have an AI strategy which I hope they will give a progress report on shortly. Then we should be able to determine what the monetization component of their data and AI is worth by number of datapoints they capture from