RE:RE:Anyone who has questions regarding the Telehealth deal Really? if Medivolve has that much money sitting around, then why do a brought deal at .25 cents in the first place.
If Medivolve wants to expand collection sites, they need the money. $7.1 million they made in January, 50% of that was insurance, which will take 60-90 days before they can use it. Then they need to pay the staff and all other expenses. It will take few more months before they see surplus money sitting in the bank account that they can use.
Also, in my opinion, they need to make a move for telehealth now. Medivolve needs to have long term plan and can't wait until covid business dies down. They need to add other services now to get it established. So, people coming in for testings see other services and start using them. That does not mean throw away 20 million shares. We need accountability and the deal needs to be the right one and at the right price. Anyone who doubts this deal can ask for an explanation.
TraderKSC wrote: Why giving shares away instead of cash? Why are shareholders treated like that. They know what's going on and nothing happens against it. They should release a share buy back plan like Victory Sqare Tec. did. That would push the shorts away, in my opinion.