OTCPK:MEDVF - Post by User
Comment by
Abovetheflayon Mar 04, 2022 10:49am
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Post# 34483144
RE:RE:RE:RE:Take your losses
RE:RE:RE:RE:Take your lossesI actually wasn't calling you phoney...that was directed at KB. Here is what I know and why I believe "funny business" is going on beyond the BS that KB is trying to do with his trashy posts. The telehealth space has exploded and the investments in the Health Tech space is incredible. This has meant the valuations of public companies moving towards health tech are increasing in value. The valuation multiple for companies such as Medivolve should be 22 - 25 X but, as you can see that isn't the case here. Makes one wonder... The secrecy is rampant in the healthcare/life sciences space as the increased attention and competition has led companies to shut their flow of information off to investors. The "plan" will only be shared in greater detail when or if Medi is in need of another round of fundraising. The good thing is, unless Stan etc bleed the company dry with questionable investments and payouts, that Medi's revenue should allow for a greater level of self funding. I am staying in as there is incredible value in Medi that should be unlocked in the near future. KB is just a little guy doing the bidding of a short who pays him to trash stocks...and he is just part of a bigger problem that is affecting many micro/small cap companies in Canada..