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Comprehensive He Stock Price, News & Analysis

CMHSF OTC

Welcome to our dedicated page for Comprehensive He news (Ticker: CMHSF), a resource for investors and traders seeking the latest updates and insights on Comprehensive He stock.

Comprehensive Healthcare Systems Inc. (CMHSF) delivers innovative SaaS solutions for healthcare benefits administration through its Novus 360 platform. This dedicated news hub provides investors and industry professionals with essential updates about the company's operational developments, strategic partnerships, and market position.

Access timely press releases covering earnings reports, product enhancements, regulatory compliance updates, and client success stories. Our curated collection enables stakeholders to track CMHSF's progress in digitizing healthcare administration for self-funded employers and providers.

Discover official announcements regarding platform capabilities, leadership changes, and industry recognition. All content is verified for accuracy and presented in accessible language suitable for both experienced investors and those new to healthcare technology markets.

Bookmark this page for centralized access to CMHSF's latest developments. Monitor how the company addresses critical challenges in healthcare administration through its vertically integrated SaaS solutions.

Rhea-AI Summary
Comprehensive Healthcare Systems (TSXV: CHS) has completed a shares for debt transaction, converting $832,042.21 in liabilities into 5,546,945 common shares at $0.15 per share. Company insiders acquired 2,893,081 shares, representing 16.12% of outstanding shares post-transaction. The issued securities have a hold period until October 20, 2025. The insider participation constitutes a related party transaction under TSXV policies and MI 61-101. The Company is utilizing exemptions from formal valuation and minority shareholder approval requirements, citing that the transaction value is below 25% of market capitalization and acknowledging financial difficulties.
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Rhea-AI Summary

Comprehensive Healthcare Systems (TSXV: CHS) has secured a 5-year recurring revenue agreement with a Midwest Union for implementing its Novus 360 platform. The platform will integrate healthcare benefits and pension administration technology into a centralized system.

The new client will utilize CHS's digital engagement solutions, including Mobile Application and Member Portal, to enhance union member engagement and control costs. The Novus 360 platform features include billing and eligibility processing, retirement pension management, and disability benefits administration.

The agreement represents CHS's strategic expansion in offering Novus 360 to a broader market, with potential for future growth through additional solution offerings. The platform stands as the first fully integrated benefits administration solution that digitizes organizational plan administration through an accessible, user-friendly, and secure interface.

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Comprehensive Healthcare Systems (TSXV: CHS), a healthcare benefits administration software and services provider, has announced a significant debt settlement plan. The company aims to settle approximately $832,042 in debt through the issuance of up to 5,546,946 post-consolidation common shares at a deemed price of $0.15 per share.

The plan is contingent upon a 20:1 share consolidation, which requires shareholder approval at the upcoming annual and special general meeting scheduled for February 18, 2025. The meeting will be adjourned to February 25, 2025, to allow shareholders additional time for proxy submissions. Both the consolidation and debt settlement require TSX Venture Exchange approval, and issued securities will have a four-month and one-day statutory hold period.

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FAQ

What is the market cap of Comprehensive He (CMHSF)?

The market cap of Comprehensive He (CMHSF) is approximately 2.2M.
Comprehensive He

OTC:CMHSF

CMHSF Rankings

CMHSF Stock Data

2.17M
11.35M
11.39%
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