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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 > My opinion: HUGE ERROR in listing on NEO
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Post by Hiddensecrets on Oct 16, 2020 12:17pm

My opinion: HUGE ERROR in listing on NEO

My opinion

It was a big mistake listing on NEO exchange. 

You need exposure to bring in new blood (investors) for stock to move up,  no one knows of this exchange, there are limited companies listed on it, I did not find any message board discussions, you have to go to separate site just to get a quote, lots of difficulty to buy a stock, and when you are pink sheets with very little regulatory it discourages investors.

For myself, this was not a good move.    I was interested in buying at one point but now I have serious doubts.    I ask myself, why would the company have done this?

It is clearly more of a handicap for me as I am not going to log into a different site to get a quote and buy stocks on pink sheets.  

When my broker takes 20 minutes to find out what is happening, it is not a comforting sign for me.

Effects are already starting to show, price is down, and very little buying volume despite all the hoopla ha....

MPO
Comment by MoneyStocks on Oct 16, 2020 1:03pm
If all it takes is 2 cents to give you a heart attack you should get out of stock trading lol Neo is the best move for qsc if you don't know why do your research before posting your shitty opinion. If you are having problems with buying this stock then you are in the worng brokerage.
Comment by HoldMe on Oct 16, 2020 1:09pm
Just my thinking is that the move to NEO vs the CSE isnt necessarily a better exchange and causing temporary issues with trading and quotes now but it gives QSC much higher exposure in the US by being able to distribute all the press releases to Americans.  That's a big deal. However, those potential new US investors will find that they will have to go through the OTC Pinksheets to buy ...more  
Comment by Jasper66 on Oct 16, 2020 2:21pm
Very good insight Holdme. The move to NEO seems to be a strategic move to release news to the US. After all, if your planning 2000 testing sites in the United States, then you better have a way to deciminate the news in the U.S. A lot has to do with our share price also. I'm sure Qsc management are keenly aware how this stock keeps on being held down. The changeover to NEO hopefully will slow ...more  
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