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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

Post by deepoil0808on Nov 01, 2021 4:43pm
210 Views
Post# 34074802

MEDV to list on NASDAQ minimum price $ 4/share

MEDV to list on NASDAQ minimum price $ 4/share In its annual report MEDV stated that they are contemplating doing a consolidation of shares FOR EXCHANGE LISTING REQUIREMENTS. 

The Canadian stock exchanges do not have a listing price per share.

HOWEVER, the Nasdaq requires that the price per share be:     $ 4.00 per share.

MEDV will have surging revenue and ASSETS.

The consolidation will ensure that we have a trading price higher than $ 4 per share.     This means that at the very minimum we will have to have a rally to the 26 cents per share market, which consoldiate 15 to 1 gives $ 4 per share.

But it must be higher, so I would venture that it could go as high at 50 cents in the short term or higher, which gives it an $ 8 per share stock price for the NASDAQ.

And Naked shorts have to cover as they do not want to be exposed to the authorities especially the SEC for NASDAQ.




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