Post by
hobbs2969 on Dec 03, 2021 9:00am
Good Article on MedX at Investor Intel
It was posted Nov. 23,2021 but gives a positive overview. The only disconcerting portion was close to the end of the article.
"With a current market cap of roughly $16 million, there is a lot of leverage to increased revenue. However, with a quarterly burn rate of $1.0-$1.5 million and only $1.8 million of cash available at the end of Jun/21 MedX could be requiring a capital raise in short order."
Being that the article was posted on Nov. 23,2021, I wondered if that date should have June 2022 or Jun/22 as they have written. I have contacted Investor Intel for clarification.
You can read the article at:
https://investorintel.com/markets/biotech-healthcare/biotech-intel/medx-healths-siascopy-the-future-of-remote-dermatological-diagnosis-has-arrived/
.