OTCPK:MEDVF - Post by User
Post by
LongRun78on Oct 25, 2020 4:37pm
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Post# 31778899
Approximations based on Walmart parking lots testing sites
Approximations based on Walmart parking lots testing sitesFrom April (exact date is not mentioned) to "July 20, Walmart had stood up 357 active sites, having tested more than 155,000 people across the country, and more are on the way."
src:htps://corporate.walmart.com/facing-the-outbreak/testing
This April to July 20th is approximately a 3 months long elapse. If Collection Sites succeed to deploy 165 sites (a little less than half of 357 deployed in 3 months by Walmart) by the end of the year, numbers could be interesting.
Walmart drain for sure more traffic than competitors. As described in the article, this is drive-thru sites operated by Walmart, not like Collection Sites operating directly with peoples. For those reasons, I don't think Collection sites will obtain same numbers. Still, take only 25% from 155 000, it could be close to 40 000 Covid tests sold (in 3 months, beginning from scratch like Walmart did).
Regarding QuestCap Covid tests, there' s the one at 59$ and the other at 179 $. If 80% tests used are at 59$ (80% / 40 000 * 59) and the remaining 20 % at 179$ (20% / 40 000 * 179), this is a 3 320 000 $ potential sale until the end oh the year.
In fact the 179$ test could possibily be the one used by peoples covered by a health insurance, meaning 20% could easily be beaten.