CardioComm Solutions Clears Debt with Equity

Cardiocomm Solutions (TSE:EKG) has released an update.

CardioComm Solutions, a global provider of ECG software solutions, has successfully completed its debt settlement by issuing over 41 million common shares to its creditors, effectively resolving nearly $420,000 in debt. The transaction, involving even company directors, is fully compliant with regulatory standards and the shares are subject to a four-month hold period.

For further insights into TSE:EKG stock, check out TipRanks’ Stock Analysis page.