OTCPK:MEDVF - Post by User
Comment by
knowsbeston Mar 16, 2021 11:57am
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Post# 32807714
RE:Interesting . How would/could this evolve ?
RE:Interesting . How would/could this evolve ?sherritt2018gir wrote: "As Medivolve developed its telehealth strategy, we saw the need for the ability to fill patients prescriptions directly. As such, management sought out an operating pharmacy that would imemdiatley allow Collection Sites to offer valuable telehealth services to patients when the program launches,” commented Medivolve CEO Doug Sommerville. “The Modern Rx company provides Medivolve with the necessary licensing and infrastructure at a price that is accretive for shareholders. As Medivolve’s telehealth program launches, we anticipate the additional services offered through Modern Rx, and its network of pharmacy relationships nationally, will be an integral component of the telehealth solution.”"
In medical School spelling is very important. Check your spelling before the PR is released . .Correction "immediately"
For me It looks like "Modern RX" is some kind of franchise . I am starting to connect some of the dots . What about the smart ones on this board ? Any comments ? Any ideas ?
My take below:
Today shows the first real step towards a post covid future .If they can show that the cubes remain a positive cash flow in the coming months and that the transition is well on its way it may change how investors look at this company. I/we are happy to see that Modern Rx actually exists. However we all like to know how it can be leveraged and scaled nationally and internationally.
I'm sure Doug will expand on why this is necessary in the very near future .
My guess is , they can create franchises or sign a partnership with other Pharmacies.
The rest you can figure out .Math, logistics ,profitability .Looks more positive than negative .