QuestCap name change added testing sites & Webinar December should bring a lot of updates and progress. QuestCap shareholder meeting day after tomorrow then comes to a name change. Adding 25 more testing sites starting this week. Then December 10, 2020, another webinar with more updates.
QuestCap management said they are still aiming at 200-300 collections installed by Christmas and a lot more coming in January.
Today news gave us simple math. Initial 20 sites showing strong test sales with a 7-day rolling average of 73 tests per day per testing site and average test price exceeding $95 per test; 20 sites x 73 test each day, each site = 1460x$95=$138,700 each day and $4,161,000 per month. Now with 45 testing sites 3285 tests each day and, each testing site 3285x95=$312,075 per day and $9,362,250 per month.
Once you start adding these numbers with 100 testing sites making money or maybe 300 testing sites making money.
Short time, yes, people can manipulate stock price but long term, no way. Even with 45 covid-19 testing sites up and running can bring over $9 million a month should be much higher than the $21 million market cap.
