OTCPK:MEDVF - Post by User
Post by
deepoil0808on Nov 16, 2021 11:56am
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Post# 34132162
Testing NOT sustainable: Pandemic ends Jan 4th 2022 (Pfizer)
Testing NOT sustainable: Pandemic ends Jan 4th 2022 (Pfizer)Per Pfizer the pandemic officially ends on January 4, 2022.
Biden also lost his appeal, no forced vaccines or testing. Starting in Texas. 19 other states sued and similar results pending.
Little to no pivot to telehealth market.
Unable to pay debts in November 2021: $ 411,000 was paid with shares
Paltry amount in bank: $ 900,000 as of October 31, 2021
Bloated accounts payable: $ 20,500,000
Overhang of shares: 180 million shares that need to be sold
Dilution: 1 for 15 reverse stock split is being proposed
Next quarter forecast: Sales slowdown + loss from operations.
My personal opinion