Anonymous seems desperate to create some selling volumeShort selling is not easy or cheap: if you get stuck short and company announce good progress or big updates then it can cost you lot of money.
We all know we are getting those updates by October 15, 2020. So, I think anyone is short need to cover their short selling quickly. Whoever is behind this Anonymous group, know very well and seems desperate to create some volume. Why else someone be selling at these prices when you know everything going to change when these testing centres are launched. Even half of projected revenue can take QuestCap share price over $3-$4.
Once these Covid-19 testing centres are launched and company go out public and wider investor community with projected revenue numbers backed up by testing centres in every State. It will be extremely hard to miniplate QSC share prices to keep it anywhere close to .20-.30 cents. QuestCap should already be out creating awareness about QSC and projected revenue but I understand QuestCap management wants to play it safe. They want to wait until all these Collection Sites are launched.
We all here at QuestCap know very well QSC is about to launch 165 covid-19 testing centres in about 2 weeks. Those testing centres can generate up to 165x$270,000= $44 million revenue recurring every month. If we go with 40% profit margin, that is about $17.8 million profit per month and $213 million per year. We can time this to anywhere from 5 to 20 times for QSC market cap. So QuestCap market cap with even 5x should be over billion. Which make QSC share price around $7 per share.
These above calculations are only part of the story. QuestCap also, have 28% owned portfolio company providing Covid-19 testing as wholesale and also in their own lab as retail
https://www.facebook.com/ipssanaty . So
Sanaty a Columbian company can easily expand to many other south American countries to sell PCL covid-19 tastings.
QuestCap also funding Sinai Health Foundation to support the development of a diagnostic test for COVID-19 and study trial already started
https://www.lunenfeld.ca/shawl/files/file/SHAWL-1%20Information%20Slides_2020Aug25(1).pdf QuestCap also funding Sunnybrook Research Institute ($1 million). Sunnybrook Translational Research Group for Emerging and Respiratory Viruses is focused on vaccines and therapeutics. Dr. Samira Mubareka is also Therapeutics Task Force science advisors to the Canadian GOVT
https://www.ic.gc.ca/eic/site/lsg-pdsv.nsf/eng/hn01780.html Once you have those covid-19 testing centres running, they can add as many addon services or different kind of tests to genrate even more revenue.
So, I think any long needs to hold for another 2-4 weeks before we see prices go up and we get rewarded with profit. Any Short need to cover it quickly before QSC shoot above $3-$4 and you start getting margin calls. If not keep selling at these prices, some of us will buy some more.
Anonymous sold and brought most of the volume today.
| House Positions for C:QSC from 20200928 to 20200928 |
| 79 CIBC | 60,270 | 11,121 | 0.185 | 5,000 | 862 | 0.172 | 55,270 | -10,259 |
| 33 Canaccord | 36,310 | 6,723 | 0.185 | 6,380 | 1,180 | 0.185 | 29,930 | -5,543 |
| 2 RBC | 42,000 | 7,850 | 0.187 | 20,424 | 3,770 | 0.185 | 21,576 | -4,080 |
| 7 TD Sec | 21,000 | 3,890 | 0.185 | 5,500 | 1,045 | 0.19 | 15,500 | -2,845 |
| 14 ITG | 11,000 | 2,050 | 0.186 | 500 | 92 | 0.184 | 10,500 | -1,958 |
| 9 BMO Nesbitt | 13,274 | 2,522 | 0.19 | 5,000 | 950 | 0.19 | 8,274 | -1,572 |
| 19 Desjardins | 2,050 | 369 | 0.18 | 0 | | 2,050 | -369 |
| 36 Latimer | 380 | 70 | 0.184 | 1,134 | 215 | 0.19 | -754 | 145 |
| 85 Scotia | 0 | | 5,000 | 975 | 0.195 | -5,000 | 975 |
| 8 Eight | 0 | | 20,500 | 3,895 | 0.19 | -20,500 | 3,895 |
| 1 Anonymous | 137,654 | 25,116 | 0.182 | 254,500 | 46,727 | 0.184 | -116,846 | 21,611 |
| TOTAL | 323,938 | 59,711 | 0.184 | 323,938 | 59,711 | 0.184 | 0 | 0 |