CDX Discussion

[Quiltman]

Hi Team,
I’m also joining you here, stormers negativity was driving me insane. Quiltman I had a read about your hunch with Springtide Investments, their website indicates they normally only invest in companies with 100-200k. I think Craig will be chasing a much larger fish. I like the thinking but CDX will be looking for 10-50Mfor the next phase.

Perhaps Craig has given us a breadcrumb here ... he has not been very active on LinkedIn of late, and any like/mention has intent IMHO. He has just liked this thread on LinkedIn to Brian Smith, Managing Director at Piper Sandler for Health & Wellness. It may be that Piper Sandler and Brian are advising Craig & Niall, helping with options for the next cash injection, whatever form that may take ( listed below, facilitated by Piper Sandler, are sole placement investments, various loan arrangements and IPO's ).

Our health and wellness services team has been honored to advise many of the marquee category-leading brands defining the consumer health and wellness services and experiential consumer retail industry.

In 2022 we anticipate continued strong M&A activity, debt financings, growth equity raises, and public offerings of the next wave of leading health and wellness services brands. We look forward to working with industry-leading founders and our private equity partners as a trusted advisor.

 

[Quiltman]

Consolidation process next step today ... trading as CDXDA with delayed settlement until 1st March, then converts back to CDX , let's see how this goes !!

 

[hedrox]

Apparently there was yesterday a radio show, that a new study on Long Covid and the comorbidities point to many cardiovascular disease with Cardiex technology assists to measure and better enable medical practitioners to effectively treat patients.
So our technology increases in relevance....
We might even see more clinical trials coming towards us....
Covid is a blessing in the sky for Cardiex...GL

 

[hedrox]

Unfortunately one off the top 10 holders, who is closely connected to Atcor, had to sell out of family reasons. That's life and reflects clearly with the constant downtrend of the share price. I never thought we are getting that low, specially with so many price sensitive announcements in the pipelines. I still believe we are just at the beginning of a great story.... Great things need time and I can see CDX turning over every rock to get the launches of their new devices this year happening. The delay with the Mobvoi launch doesn't help either the share price... what will be soon history. But I prefer a late launch, then launching something what isn't ready. If the CDX technology in the Mobvoi smartwatch is successful, we might might find CDX technology in many more Mobvoi watches.
Ones CDX is listed on the OTCQX I expect a few new coverages for the US investors to get some interest.
As well management confirmed we will get an update shortly.
Got the feeling that a big investor is already waiting for the listing and things will move quickly after.
Coops financial background will be very beneficial when it comes to sourcing capital. He is very well connected in the US...
Still believe it was another masterstroke by CDX....GL

 

[Quiltman]

Hey Hedrox, I had assumed a major holder had decided to exit for whatever reason, and without news & resultant new buyers the result was unfortunately always going to be bad. Have they finished selling ! Sounds like you have the inside knowledge on this. It has been interesting convincing my 23 year old to stay the course and hang in there … waiting for the investment thesis to play out. So many other shiny things to follow out there! Part of the deal investing in micro caps I tell him … we really could do with that update though and Mobvoi news.
Cheers

 

[hedrox]

I really don't know if the selling is finished, but how the market depth looks, its still going on. There was a fair bit of volume going through in the last 3 month and I can't see that the selling will last much longer. Fundamentally nothing changed, great little announcements got sold into it, tech bubble correction and still covid and worldwide disruptions puts CDX where it is now.
But plenty of buyers soaking up the cheap CDX shares and realising that CDX is on the verge to open up for real business.....

 

[Quiltman]

We also had someone shorting CDX in Jan/Feb. Not much I admit, but 200,000 shares shorted was plenty during the last 6 weeks prior to the consolidation, we were getting to 1M volume traded each day or thereabouts ... preying on any weakness on the upcoming consolidation I imagine ( stormer ? ). Gone now ... news to close and consolidation a done deal.

 

[Quiltman]

Half Yearly due any day now. 26th Feb last year. Retrospective by nature, so normally not that interesting, other than the one paragraph on anything material that has happened post Dec 31st. Maybe Craig intends to issue a company update presentation as he used to, the last full presentation was May 2021 ... I think an update would be good.

 

[hedrox]

Management confirmed with me that there will be an update shortly...

 

[champas]

It begins!
Ticwatch X Arty

Congratulations to all patient holders.