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Bullboard - Stock Discussion Forum Medivolve Inc MEDVF

Medivolve, Inc. is a Canada-based healthcare technology company. The Company has two business units: Medivolve Pharmacy Division (MPD) and Collection Sites Diagnostics (CSD). 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... see more

OTCPK:MEDVF - Post Discussion

Medivolve Inc > Neo Exchange vs CSE & what is best for QSC for now
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Post by Sarb99 on Oct 18, 2020 3:42am

Neo Exchange vs CSE & what is best for QSC for now

I know NEO Exchange is the newest of all Canadian exchanges, but fact remain that NEO exchange is still much better than CSE exchange. We need to understand that for QuestCap status quo is or was not a good option either. We probably wanted QuestCap to trade on Nasdaq or NYSE but at this point that is not possible, and we all know it. First thing first, QuestCap needs to show revenue then profit and then price going above $10 per share for all that to happen. Nothing can be changed overnight; it takes time and efforts. QuestCap management put together a business plan and they are making good progress.
 
So far, they are executing the plan very well. We can all see progress and as a business owner myself, I can see QuestCap management does not waste anytime and they seem dedicated. I think as for now NEO exchange is good option for QuestCap. NEO exchange claims to brings a true commitment to service and support for the companies and investment products that list with us. Enhanced liquidity, greater visibility, lower fees, and a level playing field for all investors makes NEO the better choice. When a company move to different stock exchange, shareholders do face some issues for about week for everyone else to follow new ticker symbol.
  1. On July 30th they signed a partnership with FDA Emergency Use Authorization covid-19 testing company.
  2. On July 31st Lionsgate’s division, Pilgrim Media Group, implements the Glenco protocol for optimal health and safety during filming for television productions airing in August.
  3. On August 4th QuestCap Announces Agreement to Acquire 40% of Spectral Analytics.
  4. On August 11th QuestCap Announces Letter of Intent to Acquire 100% of Las Vegas based Collection Sites, LLC
  5. On August 13th QuestCap Announces Opening of Second Collection Sites, LLC Las Vegas Testing Centre.
  6. On August 25th QuestCap Closes Transaction to Acquire 100% Interest in Collection Sites, LLC, Grants Options and Extends Promissory Note.
  7. On August 26th RESAAS and QuestCap Enter into Commercial Agreement to Sell FDA EUA COVID-19 IgG/IgM Antibody Tests.
  8. On August 28th MTJR Sells 750,000 COVID-19 IgG/IgM Antibody Tests in Colombia.
  9. On September 1st QuestCap Enters into an Agreement with Xtreme Cubes, a Division of Ahern Family of Companies, to Manufacture QuestCubes to Serve as Pop-up COVID-19 Testing Stations.
  10. On Sept 9th RESAAS and Collection Sites Launch COVID-19 Testing Subscription for Real Estate Agents in Las Vegas, NV.
  11. On Sept 11th Sanaty IPS Launches Comprehensive COVID-19 Testing Program in Colombia. QuestCap owns a 28% indirect interest in Sanaty IPS.
  12. On Sept 23rd Collection Sites has signed lease agreements for the first 15 locations, with plans to open additional COVID-19 testing locations with H&S Energy, LLC.
  13. On October 7th QuestCap and Simon are pleased to announce an agreement to launch COVID-19 testing sites in the parking lots of 165 Simon properties in the U.S. This collaboration will feature a network of COVID-19 testing sites that will be rolled out across the United States.
  14. On October 13th QuestCap Announces Up listing to NEO Exchange and Transition to Single Purpose Company
 
Can someone here really explain it to me if this not good progress then what is? What can you do better? Look at all other QuestCap competitor and compare them to QuestCap management. Can you honestly say QuestCap do more and faster?
 
I and my family own good chunk of QuestCap shares. As a businessman myself I see they are making good progress and they do seem honest people. QuestCap management file all the paperwork. They do not release fluff press release infect I see they promise less and deliver more. As per discloser I do not talk to anyone in the management. Only once I called Doug Sommerville to ask few questions and his answers were satisfactory to me and so far, I never called him back. All the information I post is my own digging. I think we all needs to do our own due diligence before buying or selling any stock.
 
Anyone telling me QuestCap made wrong decision for up listing to NEO exchange, can you please tell me something? QuestCap made all this progress in about 2.5 months and still trading at .16 cents. QuestCap is about to start generating $30-$40 million USD revenue per month and being manipulated to keep share prices at .16 cents, is it right? status quo is not an option for QuestCap. They can be generating 100’s million revenue but if no one know about the company, no one is going to buy QuestCap shares. It maybe good for manipulator/short sellers but it is not good for me as investor. It is extremely easy to manipulate a stock when a company have limited coverage. QuestCap could not release news to US investors under CSE exchange.  
 
Now under NEO exchange they can and QuestCap already started doing that, look at up listing news. Once you start releasing news about 536 covid-19 testing centres by the end of this year then many more up to 2000 by the end of 1st quarter of 2021 which is March. Does anyone really think people not going to buy QuestCap shares because they are trading on NEO exchange? A business can be best, unique, affordable prices, in less supply high demand whatever you want to call. That business will not get any success until people know about it. Once people know about the business and product. They will make purchases; business will get revenue and success.
 
At this point when QuestCap is starting to generate big revenue, they need to go out and tell people about the company. QuestCap need to hold press conferences, media tours and issue press releases. They need invite institutional to those testing centres for in action show off.
 
Anyone saying Forbes and Manhattan doing this is misleading unless post proof. Why a big investor manipulate/short sell a stock to make few pennies and keep price low, when they will be biggest beneficial for share price to go up because they own millions shares and also trying to up list to better exchange to get more exposure for US and worldwide investors.
 
People needs to understand, when you issue a press release only in Canada then only few Canadian read that news. When you issue a press release for US and Canada then people from all over the world. If nothing else, biggest benefit QuestCap will get is many more investors reading the news and updates. Then buying and many with deep pocket hold. QuestCap will get more long-term investors and less CSE day traders. Also NEO exchange is the only Canadian exchange that offer free real time trading date.
Comment by oxinos on Oct 18, 2020 12:52pm
I agree with most of what Sarb99 writes. Now if only Stockhouse would recognize that NEO Exchange exists so that we can add QSC to our portfolio and Watchlist and view the data in Cad $ instead of the American pinks sheets.
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