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Shell Summary for June 30, 2020

2020-06-30 20:38 ET - Market Summary

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by Stockwatch Business Reporter

The TSX Venture Exchange climbed 11.88 points to 620.13 Tuesday, ending the month up 66.36 points. It has surpassed its pre-COVID-19 level and is currently on a 12-month high. In the shell world, James Cassina's second capital pool shell, Good2go2 Corp. (GOAL: halted), has reported a qualifying transaction plan. It intends to acquire Canadian Teleradiology Services Inc., a medical services provider in Ontario. The shell will roll back 1 for 2, leaving it with 2,725,000 shares issued, then issue 27,275,000 shares to its target's shareholders.

Canadian Teleradiology was formed in 2004 and has an office in North York. It offers remote radiology services, primarily to rural and small urban hospitals that do not always have radiologists on site. The company's radiologists typically work from home, receiving MRI (magnetic resonance imaging) scans, CT (computerized tomography) scans, PET (positron emission tomography) scans, ultrasound images, NM (nuclear medicine) scans, mammograms, BMD (bone mineral density) images and X-rays from hospitals. They then analyze the images and provide reports (which may include diagnoses) to the hospitals. Canadian Teleradiology has radiologists on call 24 hours a day, 365 days a year.

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