7 Reasons why you should be watching CB Scientific, Inc.: CBSC

CB Scientific, Inc. OTC: CBSC is poised for a possible breakout year! CB Scientific develops and sells Auto Trigger ECG recording devices, called myCam, a low-cost disposable cardiac monitor which provide the physician with a discrete medical device recording technology that improves patient compliance, lowers cost, and is simple to use reducing patient risk by helping physicians to identify cardiac rhythm issues early in the diagnostic screening process. The myCam monitor transmits ECG recordings through a proprietary smartphone app from both Android and iPhone mobile phones. ECG reports can be reviewed and/or printed using the cloud-based software which can be accessed from mobile phones, computers and tablets. The integration of this low-cost disposable device through multiple device platforms help to make the myCam monitor poised for use and growth into global cardiology and hospital markets.

Click here to read the latest news on CBSC

Grand View Research, believes that the worldwide ECG industry presents an exciting opportunity in which the CDC projects revenues to exceed $6.9 billion by 2021.

Could CB Scientific (OTC: CBSC) become a real threat to capture a significant market share from Biotelemetry (NASDAQ: BEAT) and IRHYTHM Technologies, Inc. (NASDAQ: IRTC) with the implementation of its strategic business plan?

Biotelemetry is currently trading at $40 with a market cap of $1.38B. CB Scientific’s CEO, Charles Martin, was the Senior Director of Sales for Biotelemetry from 2014-2018!

IRHYTHM is trading at $215 with a market cap of $6.19B and has gains of 300%+ in the last 52 weeks showing the explosive growth and interest in ECG recording devices segment.

CB Scientific, Inc. is a US-based company currently operating here and internationally, positioning itself to be the vanguard for several advanced healthcare opportunities through strategic acquisitions and partnerships. They have acquired an innovative heart-monitoring intellectual property which is the basis of its ‘first’ companies, My-Cardia USA, and My-Cardia China. CBSC is expanding nationally into monitoring, testing facilities and services, and has agreements to accelerate this expansion. CB Scientific is also expanding its product portfolio and technology capabilities through internal activities and through agreements with third-party product developers and manufacturers

There are many reasons why Wall Street should be paying attention to this blossoming medical device company, but the following seven should be enough to adequately convey the tremendous potential which CB Scientific presents to savvy investors.

Top SEVEN reasons savvy investors keep a watchful eye on CB Scientific, Inc. OTC: CBSC:

1. CB Scientific acquired My-Cardia USA and the my-Cam device, an innovative heart-monitoring intellectual property which provides patients a discrete, small footprint medical device recording technology that improves patient compliance, lowers cost, is simple to use, reducing patient risk by helping physicians to identify cardiac rhythm issues earlier in the diagnostic screening process.
2. ECG recording devices is a multibillion-dollar industry, both domestically and internationally.
3. CB Scientific has positioned itself to become a significant player internationally, in the rapidly growing field of Remote Cardiac Monitoring through its integrated my-Cam technology approach through multiple device platforms and related business approach.
4. The management and significant shareholders acquired control of a publicly trading company which will provide the proper vehicle to execute their plans for long-term international growth. 
5. Investors should strongly consider CBSC because of their appetite for acquisitions, as displayed by the purchase of My-Cardia. Along with this is the ultimate possibility that CBSC itself could become a desirable buyout target as a result of its international market reach and involvement with major companies in the field.
6. CB Scientific’s management has extensive expertise in this field and the ability to deliver results based on 30+ years of direct experience in all aspects of this specific market, both domestically and internationally
7. Lastly, unlike many smaller companies in the medical and pharmaceutical field, which live and die on the hopes for FDA approval for their products, CBSC already has FDA 510K and CE certification for its products and is currently working to achieve FDA certification in China now called National Medical Products Administration (NMPA).

Why CBSC could be headed towards significant gains – REASON # 1:

CB Scientific has developed a unique device that will provide a more cost-effective solution to the Ambulatory ECG Service Market both domestically and internationally.

CB Scientific, Inc. is leveraging its technology to deliver a combination of cost and diagnostic quality advantages that the market needs now and in the future; through its subsidiaries, it specializes in the design, development, and manufacture of life science analytical tools and devices, laboratory services, personal analytical kits and devices.

My-Cardia’s myCam monitor provides a 24 hour, 7-day-a-week monitoring service based on a small device which fits in the palm of your hand and is far less cumbersome to wear than the industry standard harness monitoring system found below.

CB Scientific’s myCam monitor, has a discrete small footprint, can be activated by the patient when feeling symptoms as well as Auto Trigger ECG recording when detected by the device. The industry standard harness monitor will capture data for only a few days and then you must return the recorder to your doctor’s office to have it scanned and analyzed. The myCam device is worn by the patient for up to 30 days. That capability alone over the traditional harness monitor can increase diagnostic yield in an industry worth BILLIONS. The monitor can record both patient-activated ECGs as well as asymptomatic events detected by the on-board analysis algorithm. The ability for the doctor to receive information near real-time from the myCam device via the patient, coupled with the price point, is very beneficial. Moreover, the low-cost disposable device which integrates and transmits through multiple device platforms to include Android and iOS smartphones are other features that set the my-Cam approach apart from most competitors.

ECG reports can be reviewed, edited, and/or printed using the My-Cardia cloud-based software which can be accessed from mobile phones both Android and iPhone, computers and tablets allows for easy and convenient access for the physician during the monitoring period from virtually anywhere.

A Summary of why myCam, powered by CB Scientific, could be a significant player in the Ambulatory ECG transmission Market:

• Disposable and/or reusable device which streamlines the logistical component of any service offering.
• Easier for the patient (throw it away after use) and more cost effective for the service provider (no device recovery or preventative maintenance costs).
• FDA & CE reviewed ECG algorithm that demonstrates efficacy in detecting ambulatory ECG events (Tachycardia, Bradycardia, Atrial Fibrillation, and Pause)
• 30-day battery life
• Smart Lead on/off status reduces false positive recordings
• Existing integration with mobile device apps and platforms like IOS, Android and WeChat position the technology for global distribution.
• Data transmission via patient’s existing mobile device.
• Existing FDA and CE clearance to market and pending NMDA clearance.
• Cloud-based Microsoft Azure reporting and patient management platform provides global access to data, scalability, hardware redundancy and low-cost infrastructure.

Why CBSC could be headed towards incredible gains – REASON # 2:

The total international market for ECG recording devices is estimated to exceed $6.9B by 2021.

Grand View Research: CDC estimates that the market will be $6.9B worldwide by 2021. In 2019 there were 1,055,000 coronary events, and over 800,000 US deaths recorded in 2017. Moreover, the landscape is changing rapidly with aging populations, chronic diseases, rise of digital health, telemedicine as well as healthcare pressured to lower cost while improving results. My-Cardia enables healthcare providers to focus on improving wellness early on before costly late stage health problems occur. This has positioned My-Cardia powered by CB Scientific to possibly become valued as a billion-dollar-plus health care giant!

Recap of the key points for the worldwide and USA markets:

• $6.9B worldwide by 2021
• In 2019 there were 1,055,000 coronary events and over 800,000 US deaths in 2017
• The market is primed for penetration with an aging populace, chronic diseases, rise of digital health, telemedicine as well as healthcare pressured to lower cost while improving results

CB Scientific is possibly a trader’s dream, and a ground-floor opportunity that could become prime pickings for a buyout! They have designed and developed proprietary technologies with efficiencies over the outdated harness monitor that could help position them as THE BLUE-CHIP company in ECG monitoring.

3 WINNERS – this is a true win-win-win!

1. The patients are safer because they will actually wear this small discrete monitor while providing important ECG data, near real-time, with a heart specialist.
2. Physicians will become more efficient via the technology, allowing them to help more patients.
3. CB Scientific, and their investors, could produce incredible profits by helping humanity and, dare I say, IMPROVE THE QUALITY OF LIFE!

The success of any medical device company relies on their two customers: providers and patients. CB Scientific’s emphasis on cost, usability, patient compliance, results, quality of life, health & wellness bodes well for this growth company. Also, healthcare demographics such as aging population, chronic diseases related to heart disease, plus technology and healthcare delivery such as digital health and telemedicine are factors in the current market that are note-worthy.

Why CBSC could be headed towards incredible gains -REASON #3:

CB Scientific has positioned itself to become a significant factor internationally, with FDA and other regulatory approvals.

They are ready to scale and penetrate the market with the announcement that the US Food & Drug Administration (FDA) 510(k) approved My-Cam. Also, CB Scientific has CE and other international certifications completed which allows them to sell into multiple international markets. CB Scientific is in the pending approval stage with China, whose population is over 1.6 billion and have positioned themselves for penetration in the other Asian markets.

Thailand and Malaysia already have obtained regulatory approval and are ready for import.

The Singapore market is approved but awaiting import approval.

For further research please review below:

www.mycardia.com.my Malaysia

www.mycardiathailand.com Thailand

Why CBSC could be headed towards incredible gains – REASON #4:

The current management and significant shareholders acquired control of an existing public company which should provide the proper vehicle to execute their plans for long-term international growth.

CB Scientific divested away from the THC and CBD Testing Products and Lab Services business to focus on the Ambulatory Cardiac Monitoring space. This strategic move should help to set the stage to emphasize why they are now poised for a breakout year. CB Scientific made an announcement to this effect on 7/13/2020, in a public disclosure of Entry into Material Definitive Agreement, “CB Scientific, Inc. (CBSC) is pleased to announce that it has concluded negotiations and entered into an agreement with certain secured investors and controlling shareholders of Prevent Healthcare International Corporation (PHCIC), a private British Columbia, Canada corporation involved in the development, sale and service of an innovative arrhythmia diagnostic and heart monitoring intellectual property and related products.”

The acquisition of a publicly traded company provides insight into its possible strategy. Historically, most companies execute an acquisition of this nature to raise capital for R&D, acquisitions and mergers, marketing, investor awareness and many other reasons. However, based on the strategic penetration via the FDA approvals in Asia, it appears this could be a capital raise to penetrate a less competitive Asian marketplace.

Why CBSC could be headed towards incredible gains -REASON #5:

Their appetite for acquisitions and the possibility of a buyout

Investors should take a look at CBSC because of their appetite for acquisition displayed by the purchase of the My-Cardia technology, as well as the ultimate possibility that CBSC itself could become a desirable buyout target as a result of its international market reach and involvement with major companies in the field.

Why CBSC could be headed towards incredible gains – REASON #6:

The management team, is headed by their current CEO, who was Senior Director of Sales at Biotelemetry Inc., which has a current market cap of $1.38B.

Charles (Chip) Martin has held positions in sales, marketing, and executive management in the non-invasive Ambulatory ECG marketplace for more than 35 years.  His extensive experience includes working in direct product capital equipment and software sales both domestically and internationally, management and direction of IDTF remote cardiac monitoring services, and oversite of international distributor networks in Europe, Asia, and the Middle East. From 2014 to 2018, Chip worked as the Senior Director of Global Sales for Biotelemetry Inc. a widely recognized leading provider of remote cardiac monitoring diagnostic services in the US that is publicly traded on the NASDAQ exchange (BEAT). He held the position of SVP of Sales and Marketing for My-Cardia (USA) Inc. from 2018 to 2019  and was promoted to CEO and President of Prevent Health Care International Corporation in August 2019, assuming the same role for CB Scientific Inc. today.

Robert Kelley has extensive experience with high-growth companies from VC-backed high-technology startups to large public corporations in roles including founder, CTO/VP Engineering, EVP Strategic Marketing, Corporate Development. He has led multiple first-mover product teams developing novel enterprise technologies from high-performance computers, broadband networks, and storage, to enterprise software from manufacturing/ERP, financial/accounting, and data warehousing/BI. His graduate studies and teaching include Computer Science, Linguistics and Artificial Intelligence, Marketing and Analytics. Rob is a Chartered Financial Analyst (CFA). Rob uses analytics and his technology experience to inform marketing strategy, evaluate emerging technologies, and understand economic value for customers.

James E. Ott (Jim) has held several senior leadership positions in his twenty-eight-year career in the Ambulatory ECG and Clinical Research Trials arena.  Upon earning his Master of Science in Biomedical Engineering at Marquette University in 1991, Jim joined Biomedical System in St. Louis, MO in 1992 as a Product Manager where he coordinated the design, development and marketing efforts of their cardiac diagnostic software platform lines.  In this role he facilitated regulatory submissions and regulatory inspection for the product line to include the creation of multiple Original Equipment Manufacturer (OEM) channels with major medical device manufacturers both domestically and internationally.  He was promoted in 2000 to President of Biomedical Systems Cardiology Division where he managed all aspects of their Independent Diagnostic Testing Facility (IDTF)  to include international direct and distributor capital equipment sales,  IDTF cardiology lab staffing, technology, sales and marketing, customer service, and reimbursement and regulatory activities.  During this time he managed the design, development, and implementation of the company’s internet based Holter data and report transfer platform (Data Exchange), their internet based Holter analysis platform (MyHolter.com) and their Mobile Cardiac Telemetry (MCT) platform – the TruVue® Wireless ECG Monitoring System. Jim was an integral part of successful US patent submissions and granted approvals for all three of these applications in 2004, 2005 and 2013 where he is listed as one of the inventors.

Zig Lambo was the founder of CB Scientific’s original predecessor company in 1987 and helped to take if public in 1996. He has over 40 years of experience dealing with startup companies, mergers and acquisitions, corporate finance and regulatory compliance activities in the resource and technology sectors. He holds engineering and MBA degrees.

Why CBSC could be headed towards incredible gains, REASON #7:

CBSC already has FDA 510K and CE certification for its products

Unlike many smaller companies in the medical and pharmaceutical field, which live and die on the hopes for FDA approval for their products, CBSC already has FDA 510K and CE certification for its products. CB Scientific has obtained a CE and other international certifications completed which allows them to sell into multiple international markets: Singapore, Malaysia, and Thailand. They are ready to start importing to Malaysia and Thailand. Could there be other distribution deals on the horizon? It is safe to say, that with Charles Martin at the helm and his pedigree with BioTelemetry Inc., it seems unlikely that CB Scientific went through all of this work raising capital and FDA approval without a strategic game plan to penetrate Asia.

A condensed overview of the Top 7 Reasons why CBSC could be headed towards incredible gains!

1. CB Scientific has developed a unique device technology that will provide a more cost-effective solution to the Ambulatory ECG Service Market both domestically and internationally.
2. ECG recording devices, domestically & internationally, are estimated to exceed $6.9B by 2021.
3. CB Scientific has positioned itself to become a significant factor Internationally with FDA and other regulatory approvals
4. Via the regulatory approvals in Asia, it appears this could be a capital raise to penetrate a less competitive Asian marketplace. CB Scientific has a demonstrated appetite for strategic partnerships and acquisitions and the possibility of a buyout
5. Talent drives a company. Their current CEO was Senior Director of Sales at Biotelemetry which has a current market cap of $1.38B
6. CBSC already has FDA 510K and CE certification for its products

Fellow traders – we are watching this stock closely, and we encourage a strong look at OTC: CBSC.

For Further Information, please review:

www.cbscientificinc.com

https://my-cardia.com/

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