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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 Nov 04, 2021 2:45pm
135 Views
Post# 34088149

Reverse Stock Split and then PP to dilute dilute dilute

Reverse Stock Split and then PP to dilute dilute diluteI am posting for entertainment purposes and No I do not hold any stock.

I had close to 1 million shares bought at 6 cents, sold at a loss of 5.5 cents when I learned of the reverse stock split of 1 for 15 and, dilution of more shares via a PP to come.

This confirmed to me that even with tripling of patients, they are still losing money from their operations and, probably margins suck big time.

Therefore I agree with Frosty, Knowsbest, capy, that this is a .02 stock price at best, heading probably towards Chapter 11 at this pace.   As a new realist, there will NEVER BE ANY HOPE FOR RECOVERY.   It is a lost cause. 

Good Luck to the REALISTS.

My personal opinion 

 




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