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Medivolve Inc MEDVF

Medivolve Inc. is a Canadian healthcare technology company. The Company and its subsidiaries, Medivolve Pharmacy Inc. (doing business as Marbella Pharmacy) and Kedy Ying Jao D.O., a Medical Corporation, operate a distributed network of two retail patient-care locations in California, United States. It has two business units: Medivolve Pharmacy Division (MPD) and Medivolve Clinic Services Division (MCSD). 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. MCSD provides licensed healthcare through a clinic in Brea, California, United States. MCSD is focused on developing a telehealth platform, which connects patients with physicians, and facilitates and manages the provision of virtual consultation, diagnosis, and treatment services in partnership with qualified health practitioners.


OTCPK:MEDVF - Post by User

Comment by oxinoson Aug 21, 2020 2:10pm
136 Views
Post# 31439490

RE:QuestCap private Placement is for total of 22.5 mil shares

RE:QuestCap private Placement is for total of 22.5 mil shares
Sarb99 wrote: this 22.5 million shares at .20 include closed first tranche of the private placement by issuing 7,755,500 units at a price of 20 cents. So they are offerning about 15 million more shares at .20 

Here is the doc submitted by QuestCap


https://webfiles.thecse.com/CSE_Form_9_QuestCap_June_2020_private_placement_upside_Aug_2020.pdf?SJ73xNdfu7tRLB8Q2lM00_MtAU2MdsQf

I don't know who or what to believe. The News release 4 days ago in part said and I quote:"
"Private Placement

QuestCap is also pleased to announce it has increased the size of its previously announced private placement financing from $2 million to $2.5 million. The Company will now issue up to 12,500,000 units of the Company at a purchase price of $0.25 per unit."
The latest news release has the units priced at $0.20
You try to make sense of it.

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