Medivolve Inc MEDVF

Anonymous trying extremely hard to keep price around $0.20

[Sarb99]

There can be couple of reason, why anonymous want to keep it close to $.20.

1st as company announced private placement for 15 million shares at $.20 and it suppose to be completed on July 15th.  It was never announced as completed.  About same time Anonymous drove price to about $0.08. So, we all thought, they maybe driving price down below $0.10 to renegotiate private placement at $0.10, same as first private placement. So, it is possible they want to keep price around $0.20 to compete private placement at $0.20

2nd reason could be as if you see trading data from March to July, Anonymous sold lot of share and their average selling price is about $0.31, so they want to keep the price low, hoping people get tired of relentless selling and start selling, so they can cover their short without losing any money. It seems they are working with 2-3 different brokerage account, selling as Anonymous and buying with RBC/TD/Canaccord/Raymond James brokerage account at cheaper price. Otherwise it does not make any sense.

3rd they might have some problem with management.

Otherwise it does not make any sense that we are still trading at $0.21 after all these positive updates. I am not 100% but these few things come to mind when we see trading data and try to understand the reason.  Anonymous or QuestCap Management probably know more….

House Positions for C:QSC from 20200301 to 20200804

House	Bought	$Val	Ave	Sold	$Val	Ave	Net	$Net
33 Canaccord	25,285,377	9,508,864	0.376	6,338,527	3,121,832	0.493	18,946,850	-6,387,032
7 TD Sec	15,781,962	5,412,443	0.343	10,271,517	2,973,532	0.289	5,510,445	-2,438,911
89 Raymond James	4,879,822	1,056,276	0.216	727,117	248,549	0.342	4,152,705	-807,727
59 PI	5,811,862	1,862,369	0.32	1,848,008	573,179	0.31	3,963,854	-1,289,190
2 RBC	12,525,393	3,962,545	0.316	10,418,222	2,858,194	0.274	2,107,171	-1,104,351
14 ITG	2,053,948	1,152,401	0.561	232,196	114,634	0.494	1,821,752	-1,037,767
85 Scotia	4,431,714	1,039,613	0.235	2,758,486	659,866	0.239	1,673,228	-379,747
9 BMO Nesbitt	4,377,455	1,014,091	0.232	2,768,480	693,608	0.251	1,608,975	-320,483
79 CIBC	6,544,392	1,695,491	0.259	5,317,155	1,520,840	0.286	1,227,237	-174,651
8 Eight	1,226,500	715,922	0.584	16,200	9,746	0.602	1,210,300	-706,176
124 Questrade	1,554,522	436,609	0.281	1,011,247	327,054	0.323	543,275	-109,555
88 Credential	769,515	232,592	0.302	321,575	110,409	0.343	447,940	-122,183
74 GMP	316,400	98,237	0.31	700	108	0.154	315,700	-98,129
19 Desjardins	1,171,145	305,881	0.261	900,981	302,757	0.336	270,164	-3,124
35 Friedberg	293,100	50,200	0.171	102,000	16,145	0.158	191,100	-34,055
28 BBS	897,625	182,640	0.203	814,125	190,917	0.235	83,500	8,277
70 Manulife	64,500	11,380	0.176	0			64,500	-11,380
150 Trapeze	50,500	13,395	0.265	0			50,500	-13,395
97 M Partners	50,000	11,500	0.23	0			50,000	-11,500
143 Pershing	87,546	69,861	0.798	46,818	23,077	0.493	40,728	-46,784
39 Merrill Lynch	49,455	15,097	0.305	38,715	14,411	0.372	10,740	-686
17 Integral	8,500	1,852	0.218	0			8,500	-1,852
83 Mackie	35,000	23,550	0.673	32,168	9,001	0.28	2,832	-14,549
57 Interactive	0			4,000	3,640	0.91	-4,000	3,640
22 Fidelity	5,000	1,335	0.267	17,400	14,304	0.822	-12,400	12,969
80 National Bank	1,770,825	512,659	0.29	1,809,985	643,984	0.356	-39,160	131,325
36 Latimer	70,190	28,458	0.405	203,150	62,687	0.309	-132,960	34,229
13 Instinet	3,715,447	1,216,769	0.327	3,893,200	1,161,949	0.298	-177,753	-54,820
76 Industrial Alliance	20,000	4,600	0.23	217,900	115,105	0.528	-197,900	110,505
68 Leede	133,500	22,562	0.169	687,666	223,979	0.326	-554,166	201,417
62 Haywood	887,000	179,442	0.202	4,966,100	1,570,388	0.316	-4,079,100	1,390,946
1 Anonymous	42,616,527	11,967,474	0.281	81,721,084	25,242,247	0.309	-39,104,557	13,274,773
TOTAL	137,484,722	42,806,108	0.311	137,484,722	42,806,142	0.311	0	34