LevelJump Healthcare Corp (OTCMKTS:JMPHF) Stock In Focus After Recent Development

Shares of LevelJump Healthcare Corp (OTCMKTS:JMPHF) have been trading within a narrow range over the past month.

Market Reaction 

On Thursday, JMPHF stock moved ended flat at $0.0971 with more than 10k shares, compared to its average volume of 365 shares. The stock has moved within a range of $0.0971 – 0.0971 after opening trade at $0.10. 

Leveljump Healthcare Corp. Acquires Additional 2.3% of Real Time Medical; Exercises Right to Acquire Additional 1.5% of Shaw Lens and Shaw Vision; Provides Corporate Update

Canadian Healthcare company focusing on profitable telehealth solutions as well as primary care services in radiology, LevelJump Healthcare Corp (OTCMKTS:JMPHF), on December 17, 2021, announced agreeing to an extra 2.3% minority equity interest in Real Time Medical Inc, a private Ontario company, in exchange for 392,875 units of Leveljump.

Every unit would be issued at $0.50 per Unit with the unit comprising of three common shares of Leveljump. These include common shares at a deemed price of $0.15 per share, one share purchase warrant of Leveljump as well as every warrant giving the holder chance to acquire one additional common share for $0.35 per common share before December 31, 2023.

The company has accepted on exercising the right of first refusal for purchasing an additional 1.5% minority interest in Shaw Lens Inc. and Shaw Vision Inc totally amounting to $15,000. The CFO and CEO of the firm have accepted on converting $240,000 in accrued salary. Furthermore, purchasing IHF centers announced in September will be closed by end of January 2022. The firm is also on its way to doing due diligence as well as an audit of Telehospital by working diligently on licensing and transition planning.

Leveljump has issued options on all the three independent directors and each of them would be receiving 300,000 options. On the other hand, the independent directors will get a monthly stipend of $800 per month.


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