OTCPK:MEDVF - Post by User
Comment by
Hiddensecretson Jun 11, 2021 5:16pm
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Post# 33376530
RE:RE:Revenue in Q2 +/- $ 12 million
RE:RE:Revenue in Q2 +/- $ 12 millionVery recent presentation by David Preiner, only a few weeks old, forecasted revenue of $ 60 million in 2021. Forecast was made in late May 2021.
We had revenue of $ 11 million Q1 which means that we need $ 49 million from the other 3 quarters.
David is a very conservative person and he will not throw out numbers out there for the sake of throwning them out.
When he did the presentation he had an idea of the Q2 revenue run rate and, he also knew of Q1 results, so for him to make this forecast almost 6 months into the year, 2021 of $ 60 million means that he has a pretty good idea of present sales.
You cannot hit $ 60 million in 2021 if we are only going to make $ 1 million per month on covid19 testing from April 1, 2021 to December 31, 2021, there would be missing another $ 40 million in revenue, which he sees and we do not.
I think it will a combination of factors: nuturell, adxit, pharmacy, vaccine, hospitals, etc...
Nuturell on its own can generate $ 60 million if it is in hot demand.
We will know in August 2021.
mpo