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Bullboard - Stock Discussion Forum 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... see more

OTCPK:MEDVF - Post Discussion

Medivolve Inc > Many are developing Covid testing, not many testing centres
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Post by Sarb99 on Sep 04, 2020 11:14am

Many are developing Covid testing, not many testing centres

Lot of companies are jumping in to develop covid-19 testing but not many offer actual testing. I think QuestCap can do very will as they are starting in the market with little competition. Quest Diagnostics, Thermo Fisher, LabCorp, Abbott, and CareNow are the main covid-19 testing service providers. They are always busy, and some time take up to 7 days before they can send you the result.
 
QuestCap can make lot of money without investing lot. These cubes can be moved around as per demand and do not cost lot to buy. QuestCap does not need sign expensive leases or find office space. They do not need to pay lot as short-term rent to start testing centre on busy traffic area. Just find Costco, Walmart, playground, stadium, A busy corner in Downtown or any big shopping mall parking lot and start testing. You pay $300-$400-dollar payment for the cube and 2-3 staff people. About 10-12 test at $59 can cover your expenses then QuestCap start making profit. Now just imagine 100s or 1000s of these cubes bringing you profit every day.
Comment by Bermudashorts10 on Sep 04, 2020 11:24am
Great post. Also, anybody with kids knows that they will be sent home from school if they have the sniffles for two weeks unless they get a covid test.  So parents could likely have to get their kids tested a few times at least this fall
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