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Medivolve Inc MEDVF

Medivolve, Inc. is a Canada-based healthcare technology company. The Company has two business units: Medivolve Pharmacy Division (MPD) and Collection Sites Diagnostics (CSD). MPD provides retail pharmacy and mail-order pharmacy services related to COVID-19, antibiotics, dermatology, family medicine, immunology, neurology, pain management, pediatrics, preventive medicine, and psychiatry to patients in Southern California. CSD’s software platform, Electronic Health Records app (EHR), is focused on supporting clinical staff, is a series of assets and functionalities that enhance the customer experience and provide an end-to-end lab solution. The Company, through its subsidiaries, Medivolve Pharmacy Inc., and Kedy Ying Jao D.O., a medical corporation, operate a distributed network of two retail patient-care locations in California, United States. The Company has served hundreds of thousands of patients across the United States and facilitated more than 1,533,000 clinical tests.


OTCPK:MEDVF - Post by User

Post by deepoil0808on Aug 19, 2021 10:24am
192 Views
Post# 33729918

Fluff news - all B.S. just like the 2,000 cubes

Fluff news - all B.S. just like the 2,000 cubesInvestors see right through this company it is all B.S., just like the 2,000 cubes.

They are investing in a dying market, covid19, that will not last.

And everything is always in the future, first 12 months for 2,000 cubes and, now 18 months for 400 employees.

They cannot be trusted.  

You get the drift, you see B.S. on the fluff news.   Out of 400 employees they will be lucky to hire 4 and that in 24 months. 

All they care is about themselves, notice how they gave away 60% of the company at 7 cents with boatload of shares.   Does this show that they really care about you?

Gross margins are paltry at 20% so even if you do $ 10 million per quarter in sales, you have gross margin of $2,000,000 and expenses of $ 3.5 million so always at a loss....and guess what?   More dilution, dilution, dilution and, then reverrse split cause no one wants the shares. 

This company is a waste of your time. 

Knowsbest is right.
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