RE:RE:Medivolve portfolio company Sataty IPS added a location. If this is up to me, I will renegotiate private placement at a higher price with a changed situation. Medivolve is in a much better position compared to a few weeks back. Biden wants to offer free testing for all by investing $50 billion in buying testing results. Medivolve having 50-200 testing sites by the end of next month can capitalize on this.
Especially if Medivolve sees Cannacord keeping the MEDV price down just because of waiting for the private placement to be completed. I say Cancel this private placement and release revenue numbers from collection sites, RESAAS and Columbia. Now, Medivolve should be able to arrange private placement at much higher prices.
I think Doug Sommerville said they were slow installing new testing sites because of difficulty in hiring people because of holidays. It seems that problem is solved as now as a lot of those posted jobs are gone. Earlier this week, there were over 300 jobs available, now only 214 https://www.indeed.com/jobs?q=company%3A%28Collection+Sites+LLC%29&l=&radius=25 So over 100 jobs got filled this week.
They can even try loans based on insurance billing money coming in. If they don't want to renegotiate, then complete it now and let's get it going. Enough waiting now is the time to help people with testing and shareholders with generating revenue.
maidenmist wrote: How about PP on 26th? Any comment?