Nexia Health Technologies Inc V.NGH.H

21 - 25 cents ?!

[Rick2012]

They sold their technology to Pulse in USA in Oct 2015 for over $11 million, Nexia Health promises to not compete in USA for 3 years which ends this Oct 2018, then game on for USA market.

They sold tech to Telus Health for over $14 million in 2016 for the perpetual rights.

That said, there is nothing preventing them doing a licensing deal for their technology for anywhere outside of North America, so Europe, South America, China, Japan, Australia, etc. are all fair game.

If they sold the licensed technology for Global Rights (excl. Canada forever and excl. USA until October - a few months away).

My guess is $20 million minimum. With 95 million shares outstanding that’s a little over 21 cents.
CEO Samer owns over 18 million shares and former Chairman Brian owns over 28 million shares.  Together that’s over 48% of the company that’s likely looking to get a deal happening at favourable terms since they are the largest shareholders.  Other board members, management, & friends likely bring share ownership up past 50%

Any thoughts on the analysis or am I way out to lunch?

[jomby]

your estimate is good,but you have consider what kind of environment is surounding current valuation....for example are they running around trying unload assets or are they being approached and if so,are there multiple buyers,which would cause a bidding war,I believe the latter and I also think the 40 cent buyout some here have stated is probably the number..it's also interesting that all this

[Bigbullmillions]

This all sounds promising. Rick2012, definitely don"t think you're out to lunch lol Are you thinking ngh will hit 21-25 cents for this week coming up??