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Cortronix Biomedical Advancement Tech., Inc. (fka CBAT)

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Last Post: 11/16/2020 4:45:19 PM - Followers: 17 - Board type: Free - Posts Today: 0

CBAT - Expecting pre-clinical trials update/product development update any time.

Press Release from May 2014: CorTronix Biomedical Advancement Technologies, Inc. Completes the Development of Its CorTab Medical Telemetry System for Cardiac Patients With Integrated Telemedical ECG Monitoring and Is Ready for Testing on Human Subjects

DORAL, FL--(Marketwired - May 12, 2014) - CorTronix™ Biomedical Advancement Technologies, Inc. ("CorTronix" or "the Company") (OTCQB: CBAT) (PINKSHEETS: CBAT) a BioMedical device developer and manufacturer of next generation Telemetric Medical Devices, announces today that it completed the development of its CorTab; a cutting edge medical telemetry system for cardiac patients. CorTronix President Mr. Yoel Palomino stated, "This system is ready to go and we will begin pre-clinical testing of the device on live patients in the very near term. I'm proud to unveil this unique, single platform device that will potentially replace the large bulky units commonly found in hospitals today." He continued to say, "Our Saudi Arabia based partner will take receipt of several samples of the CorTab over the next couple of weeks and we will begin distance testing of our product as well."

CorTronix is a Presidents Circle Corporate Member of the American Telemedicine Association (ATA) along with some of the world's greatest companies such as Verizon, Bosch, Philips, Alere, and GlobalMed, to name a few. InformationWeek magazine recently reported that the Global market for Telemedicine is headed for $27 Billion by 2016 and expected to keep growing. The fastest growing segment within the telemedicine industry is the technology sector, which by itself will account for nearly half of overall market.

Mr. Palomino finished by saying, "After spending the last few years in the development stage working in the design, programming and system integration of CorTab we are very happy to deliver to our shareholders and partners the first component of the CorTronix Telemedicine System."

About CorTronix™ Biomedical Advancement Technologies, Inc. CorTronix™ Biomedical Advancement Technologies, Inc. ("CorTronix" or the "Company") is a BioMedical Corporation with a core competency in Mobile Cardio Devices. The Company is creating a complete product line that will consist of multiple revolutionary mobile devices with the capacity to acquire and process patient's data through a consolidated "Single Source" Network. CorTronix™ integrates existing medical procedures with cutting edge wireless technology through the Company's proprietary Network (CorLink™) with the intent of creating the next generation Telemetric Medical Devices. The Company is in the final stages of developing the infrastructure of this Global Health Network that will significantly increase the overall ability for Medical Professionals to properly diagnose and analyze Patients data remotely and in real time. CorTronix Telemetric medical devices are the future of remote patient monitoring and bring an unprecedented advantage to doctors and distant patients. The software being developed for each of the CorTronix products, is being designed from the ground up to take advantage of the powerful hardware platform and its integrated ECG acquisition system. Each of CorTronix products are equipped with a designated ECG acquisition and conversion integrated circuit, that reduces circuit design costs and PCB size by 200%, this in turn will translate into elegant and powerful medical telemetry devices.

Safe Harbor Statement Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. The company cautions that these forward-looking statements are further qualified by other factors. The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.

CorTronix Investor Relations
Tel: 917.838.3991


Share Structure:
as of July 31, 2014 there were 349,500,000 shares outstanding (Same as February 2014 - unchanged)
Shares Authorized: 800,000,000
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#239   CBAT FINRA Deleted Symbol TenKay 08/21/18 10:28:06 AM
#238   CBAT SEC Suspension for delinquent Financials/Filings: Renee 08/03/17 09:38:20 AM
#237   Anyone hear anything on this one lately? Varekai 05/03/15 08:34:32 PM
#236   .99 nice stockgringo 02/17/15 10:31:56 AM
#235   CBAT one for 100 reverse split: Renee 12/18/14 05:47:21 PM
#234   WHELP yet another stock reverse splitting here. king koopa 12/10/14 06:12:21 PM
#233   1-100 R/S coming.......et z Zardiw 12/10/14 09:56:11 AM
#232   Wow did this get thin stockgringo 11/03/14 09:57:56 AM
#231   .0025 ask thin stockgringo 10/30/14 11:31:05 AM
#230   Lol .. stockgringo 10/29/14 07:28:20 PM
#229   we had a trade today!!!! king koopa 10/29/14 07:27:22 PM
#228   So thin ... Once news hits kaboommmmmm stockgringo 10/01/14 03:25:28 PM
#227   Should be lots of things starting to happen stockgringo 10/01/14 12:41:30 PM
#226   that is awesome to have a new president king koopa 09/30/14 08:22:03 PM
#225   new president and no dilution, sounds like good king koopa 09/30/14 08:07:32 PM
#224   hell yeah man nice hit today here! king koopa 09/30/14 08:05:28 PM
#223   New president ... Appointment of Officer Effective upon stockgringo 09/30/14 04:31:35 PM
#222   News out 8k stockgringo 09/30/14 03:48:09 PM
#221   CBAT stockgringo 09/30/14 02:57:47 PM
#220   Level 2 down whats volume and price ? stockgringo 09/30/14 02:48:16 PM
#219   we got some life here!!! :) polkat 09/30/14 02:41:46 PM
#218   Removed from Watch list.Too much volume for me:) glta QuietTim 09/25/14 10:49:04 AM
#217   You'll do better if you beat the crowd. jmo JJL 09/22/14 08:39:18 PM
#216   No worries..It's just on watch list for possible QuietTim 09/21/14 11:30:07 AM
#215   pre-clinical testing must be going on right now... king koopa 09/20/14 08:42:38 PM
#214   Barely $1k... No biggie ;) polkat 09/20/14 11:03:15 AM
#213   dude, I apologize for the ill advice, I king koopa 09/20/14 01:19:25 AM
#212   with this stock I'm thinking a trials update king koopa 09/17/14 09:45:31 PM
#211   Not touching until I see large bid support. QuietTim 09/17/14 11:56:36 AM
#210   Sellers gone .. any big buying sends it stockgringo 09/17/14 11:37:34 AM
#209   Level 2 down for me ... whats it stockgringo 09/17/14 11:15:25 AM
#208   Waiting for better bid support... QuietTim 09/16/14 12:53:52 PM
#207   Tighten up on bid ask stockgringo 09/16/14 12:11:23 PM
#206   CBAT on watch list. QuietTim 09/16/14 09:41:56 AM
#205   seen some other stocks over the years follow king koopa 09/15/14 07:13:56 PM
#204   we are starting to have a little life polkat 09/15/14 03:21:15 PM
#203   somebody must think so!!! king koopa 09/15/14 01:48:32 PM
#202   Definitely. It's trading much differently today. benchman 09/15/14 09:58:27 AM
#201   Looks like something coming stockgringo 09/15/14 09:55:48 AM
#200   Do you think trials is about to begin guys? QuietTim 09/15/14 09:53:49 AM
#199   .0035's falling! CBAT! benchman 09/15/14 09:42:23 AM
#198   .0035 now! NICE ACTION! benchman 09/15/14 09:39:38 AM
#197   .0029 x .0033 now! benchman 09/15/14 09:31:35 AM
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