OTCPK:MEDVF - Post by User
Post by
rankininleton Aug 05, 2021 11:12pm
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Post# 33662012
NR interpretation
NR interpretationSad that the news release not self explain. 76% increase over historical daily sales .... very rough calcs ...
Sales for 182 days ending March 31 is 12.8 million. Daily is 70k. 70k x .76 = 53k. Total shattered old sales could be 70k+53k=123k daily.
Above is rough. Only takes sales from Oct 1 to Mar 31 and includes the big 1-time sale to the mining company of ~2 million. One might want to round down to 100k daily. Not sure what it really means cause this supposed to be morfing into telehealth thus shattering old covid sales not the future, rather, is part of covid play which is not garnering alot of market interest.
As an informative NR it scores a D which is a bit better than an F. GLTA.