RE:RE:RE:To Sarb99 Here are a few things need to be corrected.
Yes, it was a mistake for Doug to say they will install 2000 cubes but with that everyone knew, how many cubes are installed at all the time. Then in February testing dropped all over the USA not only at collection sites. Here is an example https://www.chicagotribune.com/coronavirus/ct-aud-nw-nyt-coronavirus-testing-declines-20210301-7wptwskzrnh3lbp3lnyvl7dczy-story.html. Once testing dropped then what is the point to install more cubes if they are filling up? Just numbers won't do any good, Would they?
As for Karland, I won't say much as I don't know any detail.
A private placement was announced on January 4th and at that time MEDV stock price was about .36 cents. If they started to negotiate brought the deal a week or two before that then the stock price was around .25 cents, check here https://stockhouse.com/companies/quote?symbol=n.medv. No one likes the company to issue more shares diluting the shareholder value. If they needed that money to expand then nothing much can be done. Also, the MEDV stock price went from .36 to .65 cents after that. Anyone unhappy with private placement should have sold.
As per the court order, Tim himself should have told them about his past.
A company does not need to announce monthly results. They can simply release this information in quarterly results. They are releasing these numbers is a good thing. One week early or one week late.
Why they hired promo companies: Many of us were asking for them to create awareness. Sure, they need to advertise collection sites but in my opinion, they should have started an awareness campaign a little early to raise money at higher prices. Many small or large public trading companies do hire investor relations and nothing is wrong with that.
You can say glass half empty or half full. Questcap started with no revenue. Now 4th quarter revenue was $10.5 million and 1st quarter should be about $17 million-plus. You can give them anything from A to F for that, as you please.
Trust me no one is happy with dropped stock prices but that is the stock market. It can go up on ZERO revenue or it can go down with $27 million-plus revenue for TWO quarters.
If you remember, you never trusted these cubes systems from the beginning. Anyway, I am not going to argue anymore as everyone is smart and can make their own decision for their investment.