Cardiocomm Solutions

[thenewcortez]

I believe more news and exposure of product is imminent!

[~ Blue ~]

follow TSX:EKG the Canadian side

[Kristallweizen]

no bid / ask?

[~ Blue ~]

lets see

[thenewcortez]

Smelling A Strong U.S. Introduction of Product, Big companies don't like others on their turf, may be a buyout from one of the Big Ones, someone has taken notice here.

[The_Edge]

Big news emminant??

Investment Industry Regulatory Organization of Canada Trading Halt – EKG
VANCOUVER, Jan. 24, 2012 /CNW/ - The following issues have been halted by IIROC:

Company: Cardiocomm Solutions Inc.

TSX-Venture Symbol: EKG

Reason: At the Request of the Company Pending News

Halt Time (ET): 13:23 PM

IIROC can make a decision to impose a temporary suspension of trading in a security of a publicly listed company, usually in anticipation of a material news announcement by the company. Trading halts are issued based on the principle that all investors should have the same timely access to important company information. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.





IIROC Inquiries 1-877-442-4322 (Option 3) - Please note that IIROC is not able to provide any additional information regarding a specific trading halt. Information is limited to general enquiries only. For more information on IIROC's halts and resumptions policy click here.


Back

[johnydollar]

This baby is a monster.

[~ Blue ~]

true.

[johnydollar]

Big money here Blue hidden gem.

[~ Blue ~]

WOW EKG.V Target Price: $14, Upside Potential: 10,754%

FDA Approves the First Ever Over-the-Counter Heart Monitoring Solution
EKG.V CURRENT PRICE: $0.13
EKG.V TARGET PRICE: $14.11
UPSIDE POTENTIAL: 10,754%
SHARES OUTSTANDING: 77,436,440

January 22, 2012 - Toronto, Ontario - CardioComm Solutions, Inc. (TSXV:EKG) rose 200% on Friday after the FDA approved their consumer-based, hand-held heart rhythm monitor known as the HeartCheck™ Pen Handheld ECG. This is the first ever heart monitor that has been approved for over-the-counter sales and marketing purposes.

See the full release here

The company has 77.4M shares outstanding and 19 million warrants to be exercised at 10 cents. Assuming all the warrants will get exercised that would increase the share total to 96.4M with a $1.9M cash infusion to the company. With a share price of 13 cents that would assume a mere $12.5 market cap or $10.6M of enterprise value.

27.1M people in the United States alone suffer from heart disease. Assuming only 5% of these people buy the HeartCheck™ Pen Handheld ECG in the first year that would be 1.36M devices sold. If each device were to sell for $100, that would imply $136M of revenue in the first year alone.

A 50% margin would be conservative for a company with a patent on the first ever Over-the-Counter heart monitor, essentially becoming a monopoly in this very important niche. A 50% margin on $136M of revenue is $68M in net profit. Applying a very conservative 20 Price to Earnings multiple to this figure would imply a $1,360M enterprise value.

Dividing $1,360M in enterprise value by 96.4M shares outstanding would imply a price per share of $14.11, assuming that only 5% of Americans diagnosed with heart disease purchase this extremely useful tool in the first year it is on the market. This assumes no other sales from Canada or any other country and given America's aging population and high rates of obesity, the HeartCheck™ Pen sales are very likely to increase each year. CardioComm Solutions is vastly undervalued at its current share price and has great potential to be the biggest percent gainer on the TSX Venture for 2012.


http://tsxnews.blogspot.com/2012/01/fda-approves-first-ever-over-counter.html

[trader22]

http://www.businesswire.com/news/home/20120119006465/en/CardioComm-Solutions-Receives-FDA-Clearance-Market-Over-the-Counter

[johnydollar]

EKGGF could be a diamond in the rough at the right price.