OTCPK:MEDVF - Post by User
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Hiddensecretson Nov 23, 2020 9:15pm
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Q3 Earnings Report - Sept 30th: Min. $ 3 million in sales
Q3 Earnings Report - Sept 30th: Min. $ 3 million in salesQ3 Earnings report should be released by November 30, 2020 or next week.
I am expecting at the low end $ 3 million in sales, top end maybe $ 4 million.
This revenue comes from Columbia having sold 750,000 covid19 kits at $ 4 each, funds were used to pay down loan of $ 7.7 million. There were other launches during the quarter but I ignore home much they brought in.
For Q4 - October to December 2020, should show ROBUST revenue, how much is anyone's guess, but we will have 415 units on December 31, 2020, each with strong demand, so do the math.
And for Q1 - January to March 2021, it will be BLOCKBUSTER revenue as we are going to shoot up towards the 2,000 units testing center.
And for Q2 - April to June 2021, demand will be ferocious as we may be doing vaccine, antibody and antigen....
Covid19 will be here for a long time as it is out of control around the world. Even if they vaccinate 1 billion people in 2021, there are still close to another 7 billion that need vaccinations. It will takes year.
Quescap said normal may return in the middle of this decade meaning 2025 and not earlier.
MPO