BioSig Technoliges (BSGM) this morning announced that it has retained Donohoe Advisory Associates LLC of Rockville, Maryland to advise and assist the Company in its efforts to obtain an uplisting on a national securities exchange. BioSig Technologies is a medical device company that has “developed a proprietary technology platform designed to greatly improve the $3 billion electrophysiology marketplace”.
GeoInvesting Tracking BioSig as a Dump and Dump
We are tracking BioSig as a possible pump and dump due to the following reasons:
- We’ve received several promotional newsletters about Biosig
- BioSig is currently generating zero revenues as it awaits FDA marketing approval for one of its medical devices.
- BSGM diluted share count is more than double what most financial portals show. (Showing 12 million; GeoTeam calculated nearly 28 million)
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