Call us : (250) 377-1182
facebook twitter linked-in
Deer Horn Capital ntg lux international frontier

CXV.v Convalo Health C$.325

Hello there guest! Want to join in on the conversation? Login or register for a forums account by visiting this link.

By Bobwins

Posted: Monday Sep 14 10:56:27AM 2015

Bought a position in Convalo Health.  They are US based but listed on the Venture.  Consolidating small clinics and rehab facilities for addicts in the US.  Many of the facilities are run by former addicts, small Mom and Pop shops that specialize in various phases of recovery.  Convalo intends to vertically integrate so they can retain revs from all parts of the treatment cycle.  

Raised C$30million at higher prices so stock has fallen from PP levels.  Revenues are increasing rapidly due to buying operating clinic.  Revs 2.3 million with a tiny profit of $2,642.  Has bought several other facilities since 5/15 Q2 report so cash is down but revs will continue up at a rapid pace.  

Listen to converence call.  CEO is a money guy but very smooth at explaining their philosophy and how they intend to succeed.  I'm sure this is how they raised $30 million in a tough market.


Canadian Small Caps

Canadian Small Caps

CLICK HERE to view the presentations from the Spring 2016 Small-Cap Conferences.

We are pleased to publish the PowerPoint presentations from The Small-Cap Conferences that were held in Calgary on March 30, 2016 and in Vancouver on May 3, 2016.

We encourage investors to review the presentations and contact the companies with any further questions.

What's New