RE:Here’s my take as of current.CBalardo wrote: MEDD (Medical imaging Corp) that trades on OTC in US. Is trading at .013 cents. They own 14 million shares in LevelJump. I did check with Mitch to make sure the SEDI had the correct info. Just rough numbers MEDD has around <34% >of the common shares in JUMP. That gives MEDD at market cap today, around 5 million valuation in JUMP. The valuation in MEDD at .013 cents is only $572,000, so MEDD looks way undervalued to me? You guys let me know if I'm wrong??, but shouldn't MEDD be at 9-11 cents!! Thats %900 off? Also to lessen your risk exposure in JUMP 100% would one not Invest in Flow Capital as they also own 9% shares in JUMP and they are diverse???
just doing my DD beforehand. I'll keep reading any new posts here.
Flow sold JUMP down below the 10% reporting threshold so we won't see their moves between quarterlies. (Some/most of their shares may be locked up for a while - I can't recall.)
Flow also holds 13m shares of Inner Spirit (ISH.C) and a bunch of OTM warrants for Boardwalktech (BWLK.V). Lots of M2M gains there not reflected in current BV.
Please let me know what you discover about MEDD. I've been meaning to look into it but haven't had the chance. Leveljump is effectively MEDD 2.0. The first version didn't work out very well so I'd be hesitant to put too many eggs into the JUMP basket. The idea seems great but the valuation is very generous and I'm not too sure Mitch is the guy to lead the strategy.