OTCPK:MEDVF - Post by User
Comment by
Hiddensecretson Dec 01, 2020 7:22pm
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Post# 32015064
RE:RE:Selling is most probably OLD OWNERS of Collection Sites
RE:RE:Selling is most probably OLD OWNERS of Collection SitesThe only way to know for certain is to contact the market maker of QSC and ask who is selling.
I suspect they will tell you, one (1) account belonging to......
I use common sense to arrive at this conclusion that Old owners of Collection sites are selling.
For starters, no investor in their right mind, would be selling QSC stock at 15 cents when they are generating $ 1 million in sales per week to go to $ 2 million per week in a few weeks. It takes a real dummy to sell.
Even if there is some selling from general investors, the news is so bullish on QSC that we do have an order imbalance to the side so price would not stay stuck at 15 cents.
So the one selling has motivation outside of profits on QSC. And the only thing that has this motive is the old owners wanting out becauset they sold their business to QSC. Normally a person is paid in cash. But because they were paid with 20 million shares of QSC at 15 cents, they are selling a portion each week.
To sell a 20 million share position would take about 3 months to 4 months, so we are close to the end as deal went through on August 25th.
There is a reason I think that webinar is on December 10th, with new name. I suspect that these old owners will be out of the way and, price can then soar and reflect reality.
A big clue is that price is stuck at 15 cents, regardless of news, good or bad, meaning lower than 15 cents they do not sell and higher than 15 cents they sell.
Now lets review their news:
QuestCap issued a total of 20 million QuestCap common shares, with an ascribed value of C$0.15 per common share, to shareholders, agents and beneficial owners of Collection Sites, in exchange for a 100% interest in Collection Sites. No finder fees were paid in connection with, and no change of control of QuestCap resulted from, the transaction.
MPO