OTCPK:MEDVF - Post by User
Post by
deepoil0808on Oct 16, 2021 5:13pm
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Post# 34013934
Stan Bharti track record of SUCCESS
Stan Bharti track record of SUCCESSSuccess #1:
Bharti became president of William Resources, a gold public company listed in Toronto. Bharti and his team built the company up from a junior gold company to one that was, by 1997, producing more than 200,000 ounces of gold annually.
Success #2: Consolidated Thompson Iron Mines, which began as a $1M dollar exploration iron ore company with assets in Quebec at the time of Forbes & Manhattan's first involvement,[7][8] was developed and sold to Cliffs Natural Resources Inc. for $4.9 billion in cash Success #3: In 2002 Bharti acquired a controlling position in Desert Sun Mining. He developed the Jacobina Mine to near production and then four years later sold the company for $735M to Yamana Gold
Success #3
the sale of Avion Gold Corp. to Endeavour Mining. Endeavour Mining purchased Avion Gold Corp on October 18, 2012 for US$389 million
Stan Bharti Successful Strategy is as follows:
The main difference between Forbes & Manhattan and other merchant banks is they use technical expertise to develop their companies over long – 3–5-year time frames – rather than quickly flipping them
Philanthrophy
In November 2011, Bharti donated $10M to Laurentian University MEDV Strategy
David Preiner presented his vision to Stan Bharti as to where MEDV will be in 3 to 5 years, more specifically with regards to the Telehealth market. David laid out his plans to hire engineers, doctors, nurses in tapping into the huge telehealth market and, using electronic systems to coordinate services for patients and reducing costs for hospitals and giving better care to patients especially in remote areas.
Stan Bharti bought this idea and so did Camebridge. Together they took their $ 10 million to $ 12 million in debt owed and exchanged it for shares with a 3 to 5 years timeline, at which time the company when it is very profitable will be sold at perhaps several billion dollars to a large telehealth provider.
It is a smart move.
Why would anyone bet against Stan Bharti when you can see his vision very clearly for the future and, he has a track record of success? https://en.wikipedia.org/wiki/Stan_Bharti