Topic: How To Invest

Q: HealthSpace Data Systems—what’s your view on it, Pat?

Article Excerpt

A: HealthSpace Data Systems, $0.05, symbol HS on the on the Canadian Securities Exchange (Shares outstanding: 141.1 million; Market cap: $7.1 million; www.healthspace.com), develops and sells software aimed at letting health and various other regulatory authorities improve their effectiveness through the better use of information. The Canadian Securities Exchange (CSE), formerly the Canadian National Stock Exchange (CNSX), is one of our country’s alternative stock exchanges. You can trade CSE-listed stocks through your broker. You can also get stock quotes at www.thecse.com. The company believes that its potential customers include the thousands of organizations in North America that are currently inspecting and regulating elements of public health and safety. It feels that many do not have effective and cost-efficient information management systems, and the cost of developing their own custom-built systems is prohibitive. HealthSpace Data Systems’s main application is specifically designed for data collection in the field and can work either connected to or disconnected from the Internet; it provides health inspectors with a..