EU & Canada Covid-19 cases jumping & USA will be same So, 15 Collection Sites LLC doing 150 test each QuestCube, everyday 150x15=2250 covid-19 test per day are nothing when you see California already done 13,879,423 coronavirus tests. This mean lot of people are getting covid-19 testing in California and if they can get these test result in timely manners and at convenient location in their neighborhood. Collection Sites LLC can get capacity filled without any problem. As QuestCap is a wholesale distributer and also performing retail test, profit margin is big. Even with 2250 daily test in California QuestCap can generate 2250x60=$135,000 per day and $4 million per month.
https://covid19.ca.gov/ QuestCap Collection Sites in California People needs to pay attention, this $4 million amount for QuestCap is a not one-time revenue. It is recurring revenue every month, so, it adds up quickly, $4 million a month turn into $24 million over 6 months. This is only part of the pictures, launching 15 cubes in 1
st phase. I think they will launch 15 cubes to see response in California, if successful they have an option to launch up to another 85 cubes just alone in California.
Remaining 150 QuestCubes all over USA So, with 165 testing centres QuestCap can generate $44 million per month and with 2nd phase of many more testing centre, revenue can be big. We know, they are launching these covid-19 testing cubes in New Jersey and Las Vegas probably 5-15 in each State. 150 are not many for all States all over USA, I think, they need to order many more QuestCubes in 2
nd phase. On Average 10 cubes per State can make it close to 500 cubes. If they go 100 alone in California, then we will be looking over thousand Lol… and I do not even want to calculate revenue from thousand testing centres with capacity of 150 test each testing centre, everyday.
I think QuestCap management being careful, they do not want to say much until these cubes are launched in October. I myself do not mind this as I am not selling so do not care day to day share price. Also, wait is not that long either, only about 3 weeks to Oct 15 delivery date. As I see on twitter, they are not putting any date to launch in California, just saying launch in October, so hopefully, they will start deploying these cubes as soon as many are ready rather than waiting for Oct 15th.
https://twitter.com/sillzyredwings/status/1308774607550283776 Early Investor always make lot more compare to jumping in and chasing to buy. - We know for fact QuestCap Have FDA approved testing supply.
- We know they already made sale for $3 million USD in Columbia S.A
- We know they have 3 covid-19 testing running in Las Vegas.
- We know portfolio company Sanaty IPS performing covid-19 test in their own lab from last few months generating revenue. Also, authorized to distribute PCL Korea covid-19 testing to many other countries in South America.
- We know QuestCap ordered 165 covid-19 testing cubes from Xtreme Cubes Corp https://stockhouse.com/news/press-releases/2020/09/01/questcap-enters-into-an-agreement-with-xtreme-cubes-a-division-of-ahern-family
- We can see those Cubes being manufactured from the pictures posted on twitter.
- We now know, QuestCap signing of 15 lease agreements between its wholly owned subsidiary, Collection Sites, LLC and Orange County, CA based retailer H&S Energy, LLC to begin the roll out a network of ‘pop-up’ COVID-19 testing sites.
When we compare QuestCap to VST, SONA, THRM, DM and many others. I see QuestCap have big advantage as just selling covid-19 test for distribution go for $3-$20 per test and with lot of competition from China and Korea mostly between $3-$8. Also, mostly is one-time revenue. As QuestCap also offer retail testing can generate $60 for each test. So, few tests can generate lot more revenue and also is recurring everyday or every month. So, risk seems little and reward can be big