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MWM

03/21/20 12:34 PM

#39390 RE: EdF #39389

Yes I noticed that too, wish they had updated that...
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MWM

03/21/20 12:35 PM

#39391 RE: EdF #39389

Best Paragraph from the article right here imo...


Still, one contract providing even 15% growth is nothing to sneeze at, as CareClix also has a better business model than Teledoc, since the call center model the Teledoc employees is much heavier/costly than the CareClix model. Margins are much more scale-able off the current cost basis. So while profitability has yet to arrive for Teledoc, it may be on the near-term horizon for CareClix as they further scale revenues. Hopefully Management will provide more clarify and guidance regarding this with the filing of their annual report.



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MWM

03/21/20 12:47 PM

#39392 RE: EdF #39389

Again this is the Hidden Monster for CareClix.

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MWM

03/21/20 12:52 PM

#39394 RE: EdF #39389

The author is way underestimating revenue growth from what we have been hearing. What if they start turning $5 million a month by the end of this year. Our old ranges of $5-$10 become a real possibility!

$1-$2 Billion Valuation is very possible considering the whole world is about to jump feet first into full adoption of Telehealth! CareClix is sitting in the sweet spot...

Let's Kick TDOC's ass!
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greg19440

03/21/20 1:26 PM

#39406 RE: EdF #39389

Another error that I see is the OS number. He even links it to the OTC site. Where ge got that 170M number, unless he means just the restricted shares roughly rounded up.
SOLI
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was16

03/21/20 2:08 PM

#39411 RE: EdF #39389

It is interesting that the date on the article is 3/12/20 ( todays datet) but the author did miss a number of recent items:

-missed the recently reported fact ( by the company ) that there are currently 10 million users of CareClix.

-didn't talk at all about the deal with Chile

-didn't talk at all about the deal with Trapollo

-said that "the most recent filing was almost a week late with no meaningful explanation".

The company clearly stated that "Solei Systems, Inc. (“Registrant”) was unable without unreasonable effort and expense to prepare its accounting records and schedules in sufficient time to allow its accountants to complete their review of the Registrant’s financial statements for the quarter ended September 30, 2019 before the required filing date for the Quarterly Report on Form 10-Q."
Also, we all know that the company recently changed its "independent accounting firm, Farber Hass Hurley LLP, because it did not have the capacity to continue".

-missed the recently reported share counts by the Officers/Directors ( reported in the PRE 14C)

Overall, I think that there is a lot of good information in the article. And I do agree with the author on their view that CareClix is in a much better position to become profitable sooner than TDO*C.