OTCPK:MEDVF - Post by User
Comment by
rankininleton Feb 13, 2021 9:15am
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Post# 32561231
RE:Yes I agree, if you have a Question ask the management
RE:Yes I agree, if you have a Question ask the managementWe need to keep in mind, collection sites are still growing. Collection sites generated USD 7.1 million in January with 32 testing sites. February started with 62 collection sites (almost double compare to January) and should end with 107 collection sites. They also added another 15 as comings soon in California. So that makes it 126 collection sites including coming soon. This can make March 4xcollection sites compare to January.
4 x 7.1 million = 28.4 million sales estimate for month of March, Same or more for April. Means year to date calendar 2021 sales hit 109 million in May ( 7 + 14 + 28 + 30 + 30 = 109). Thats capping monthly sales at 30 million or 1 million per day. That excludes any revenue from newly added products or services. That does not include the positive impact of adding new locations or the potential sales decline as vaccinations kick-in.
Being conservative, using the conservative daily sales of 1 million for the remaining 7 months we could estimate June to Dec sales as 30 mil x 7 mo is 210mm.
Calendar 2021 sales 109mm + 210mm = 319mm sales in US$ as a very quick back of napkin tabulation. At some point, the stock market will almost certainly see MEDV as under priced.