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Medivolve Inc MEDVF

Medivolve Inc. is a Canadian healthcare technology company. The Company and its subsidiaries, Medivolve Pharmacy Inc. (doing business as Marbella Pharmacy) and Kedy Ying Jao D.O., a Medical Corporation, operate a distributed network of two retail patient-care locations in California, United States. It has two business units: Medivolve Pharmacy Division (MPD) and Medivolve Clinic Services Division (MCSD). MPD provides retail pharmacy and mail-order pharmacy services related to COVID-19, antibiotics, dermatology, family medicine, immunology, neurology, pain management, pediatrics, preventive medicine and psychiatry to patients in Southern California. MCSD provides licensed healthcare through a clinic in Brea, California, United States. MCSD is focused on developing a telehealth platform, which connects patients with physicians, and facilitates and manages the provision of virtual consultation, diagnosis, and treatment services in partnership with qualified health practitioners.


OTCPK:MEDVF - Post by User

Post by Sarb99on Dec 14, 2020 7:24pm
142 Views
Post# 32105787

QuestCap Management needs to start Advertising.

QuestCap Management needs to start Advertising.

I know, Management thinking by not advertising they are saving a lot of money. It is not true as The majority of them performing only 60 to 90 tests per site. Some are performing 100 or one 186 tests per day. I think if they spend some money on advertising. Collection sites can reach their full potential. They should be performing 125 to 150 tests per site. As of this week, they should have 45 testing sites up and running. If they dedicate 1 test per collection site on advertising 45x$95=$4275 per day and $128,250 a month is more than enough to bring many more people to these collection sites. 

 

Even if their advertising gets them 10 to 20 more tests performed per testing site. It will add a lot of extra money coming to Medi-Volve Inc revenue. Advertising and compiling a client list can go a long way. These clients should become repeat clients, getting tested every month. Then, once collection sites start vaccination, they can send an email or SMS to all these clients to come and get vaccinated. 

 

No, I am saying all this to promote QSC stock. As I said before, I am not planning to sell my shares until the end of March, and if they get a Nationwide vaccination contract, then later in the year. So, I don't care about short term stock price. I do respect Doug Sommerville, as he is doing something that no one else thought, and he pulled it without spending a lot of money. Just my humble opinion. I used to be a marketing guy in my past life from 2003 to 2012. 

 

Here is an example I saw that made me write this. A few days back, I posted a link to the news in a local newspaper https://www.ocregister.com/2020/12/10/daxon-multiple-covid-testing-sites-now-in-brea/  Since I saw this location always fully booked and also into the next day. That makes you think maybe most people do not know about these collection sites. With little advertising, Collection sites can generate a lot more revenue. https://a.flexbooker.com/widget/67a9bda2-bd71-43cb-aead-9015cb033887?locationId=20006#calendar

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