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Last $0.03 USD
Change Today 0.00 / 0.00%
Volume 9.5K
HDVY On Other Exchanges
As of 5:20 PM 10/6/15 All times are local (Market data is delayed by at least 15 minutes).

health discovery corp (HDVY) Snapshot

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Day High
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52 Week High
07/6/15 - $0.03
52 Week Low
12/16/14 - $0.01
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield
Current Stock Chart for HEALTH DISCOVERY CORP (HDVY)

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health discovery corp (HDVY) Details

Health Discovery Corporation operates as a pattern recognition company that uses mathematical techniques to analyze data to uncover patterns primarily in the field of molecular diagnostics in the United States. Its intellectual property includes Support Vector Machines (SVM), Fractal Genomic Modeling (FGM), and biomarkers. The company’s SVMs are mathematical algorithms that allow computers to sift through datasets to identify patterns; recursive feature elimination SVM identify and rank order the data points that contribute the desired results; FGM enhances the mapping of genetic pathways involved in the diagnosis and prevention of certain diseases; and biomarkers are biological indicators or genetic expression signatures of certain disease states. It also develops a blood test for prostate cancer; and diagnostic test to interpret flow cell cytometry data for myelodysplastic syndrome, as well as provides a tool for cytogenetic analysis. The company holds a license agreement with NeoGenomics Laboratories, Inc. to develop and sell products in laboratory testing, molecular diagnostics, clinical pathology, anatomic pathology, and digital image analysis fields. Health Discovery Corporation was founded in 2001 and is based in Atlanta, Georgia.

3 Employees
Last Reported Date: 03/31/15
Founded in 2001

health discovery corp (HDVY) Top Compensated Officers

Chairman and Interim Chief Executive Officer
Total Annual Compensation: --
Senior Vice President of Computational Medici...
Total Annual Compensation: $117.5K
Vice President of Product Development
Total Annual Compensation: $104.4K
Compensation as of Fiscal Year 2013.

health discovery corp (HDVY) Key Developments

Health Discovery Corporation Announces Auditor Changes

Effective December 19, 2014, the Board of Directors of Health Discovery Corporation approved the dismissal of Hancock Askew & Co., LLP as the company's independent registered public accounting firm. Hancock Askew had been the company's independent registered public accounting firm since September 21, 2006. On December 19, 2014, the company approved the engagement of Frazier & Deeter, LLC, to serve as the company's independent registered public accounting firm for the 2014 fiscal year. As a result, effective December 22, 2014, the company engaged Frazier & Deeter as the company's independent registered public accounting firm and formally engaged Frazier & Deeter as the company's independent public accountant on the Engagement Date.

Health Discovery Corporation Announces Resignation of John Norris as Director

At October 11, 2013, Board meeting, Mr. John Norris was invited to resign as a director of Health Discovery Corporation. Mr. Norris equivocated and said he would respond by the end of business that day but he did not despite many attempts by Mr. Kowbel to reach him. Then on October 14, 2013, Mr. Norris emailed to Mr. Kowbel what he called a 'joint resignation letter' from himself and Messrs. Takeichi and Mineta. Mr. Mineta had only once communicated with the Company in any way, much less that he had resigned from the Board and so, based on Mr. Norris' representations that he was Mr. Mineta's proxy, the Board accepted all the resignations.


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Industry Average

Valuation HDVY Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 12.8x
Price/Book 27.6x
Price/Cash Flow 50.2x
TEV/Sales 11.9x

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