OTCPK:MEDVF - Post by User
Post by
Hiddensecretson Jan 22, 2021 10:28am
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Post# 32358810
Next week: Bought deal closed + possible news on cubes....
Next week: Bought deal closed + possible news on cubes....Next week the $ 5 million bought deal closes on January 26th.
Stocks often rally after a bought deal or PP is closed as it means company is well financed to fund expansion for growth and therefore stock is de-risked from its previous level.
I also see an avalanche of openings once company has funds in the bank account. Growth probably held back a little because of having to fund payroll of hundreds of people on a regular basis, especially when insurance companies take 60 days o 90 days to pay bill. The $ 5 million is in essence like a bridge loan, but that is not payable back.
We opened 9 cubes this week so growth is ACCELERATING.
Canaccord will bring in their investors, a buy rating, which will put MEDV on the map with other analysts and expand our exposure, which in turn will bring in more investors from other firms and more upgrades from other institutions.
In March 2021, we can realistically expect the $ 1.9 trillion budget to pass where we become beneficiares of the Biden pie of $ 50 billion in testing.
Therefore plenty of catalysts and as I stated earlier, no where near fair market value.
MPO