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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

Comment by woolcoon Feb 21, 2021 11:50am
144 Views
Post# 32621551

RE:RE:RE:RE:RE:RE:No way, Medivolve share prices stay at these levels

RE:RE:RE:RE:RE:RE:No way, Medivolve share prices stay at these levelsWhere is the proof of all the "shorting" I keep hearing about.

I do know that several large hedge  funds that bought1M plus shares from  the January offerring at 25 cents plus a warrant...at 40 cents...instantly short their entire position to lock in their gains intstantly  Unfortunately Medi is a young company and not so descerning who they sell their private offerrings up to....( hopefully lesson learned)  

From the pricing action and the volume ( over 6M on Friday) I expect those short positions are no longer going to grow....as these hedge funds will need to cover their shorts with their own shares that become unlocked in May...and anyone new to this story would be an idiot to add to short position...given revenue and PROFIT profile...being announced in approx 60-75 days.
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