Ann: Alcidion signs ACT Health Patientrack extension, page-16

A few flaws / lack of current knowledge withthe above statement:

 

• The loss in the 4D was attributed to final payment for recent acquisitions, future 4C’s and 4D’s are expected to be cashflow positive. This was further outlined in the 4D where it was explicitly stated that there is no requirement to raise capital.
• The $711k extension only related to one hospital (Calvary Public Hospital – Bruce) and only includes the Patientrack service. All the other MIYA product suite is not included or attributed in this recent announcement.
• The rise from 3.9 to 4.7 was not only attributed to this announcement.