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Bullboard - Stock Discussion Forum 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... see more

OTCPK:MEDVF - Post Discussion

Medivolve Inc > Selling is most probably OLD OWNERS of Collection Sites
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Post by Hiddensecrets on Dec 01, 2020 4:42pm

Selling is most probably OLD OWNERS of Collection Sites

QSC issued 20,000,000 shares to the old owners of the Collection Sites.   They are the ones probably selling as they move to their own personal projects.  It gives them about $ 3 million. 

The other persons whom hold shares at the PP people, 22 million shares, however they would not sell at they acquired it at 20 cents.

Then there is our partner MJTR which got 5 million shares at 50 cents.   They are vested with us so will not sell either.

The selling pressure from Anonymous are the old owners of the Collection sites.    They will probably be finished selling by mid December before we get updates. 

Therefore one (1) big seller but MANY MANY BUYERS.

Once they are out of the way, we SOAR.

MPO
Comment by JimmyBaggs on Dec 01, 2020 5:20pm
Interesting theory,  would make a lot of sense Any way to know with more certainty? 
Comment by Hiddensecrets on Dec 01, 2020 7:22pm
The only way to know for certain is to contact the market maker of QSC and ask who is selling. I suspect they will tell you, one (1) account belonging to...... I use common sense to arrive at this conclusion that Old owners of Collection sites are selling.  For starters, no investor in their right mind, would be selling QSC stock at 15 cents when they are generating $ 1 million in sales ...more  
Comment by wembley on Dec 01, 2020 7:31pm
The 20 million is still restricted. The seller in the market is the short trying to hold on.  The next Catalyst and the hammer to the shorts is when Quest announces they have a US Government vaccine distribution deal.
Comment by Hiddensecrets on Dec 01, 2020 7:48pm
If the shares are restricted, does this prevent the old owners from shorting the stock at the moment then covering their short when there 20 million shares become unrestricted. Perhaps that is where the bashing comes from, to avoid a spike in price and having to cover before their unrestricted shares are available to trade.   They would suffer a big loss if price took off and they had ...more  
Comment by Sarb99 on Dec 01, 2020 8:02pm
When Collection sites LLC was brought, QuestCap paid with shares to 3-4 people. I don't exactly remember the names of all those people but the two I remember are Tim Shelburn, the current president of collections sites LLC and 2nd was Lawrence Steinman.    I do not know about one or two others but these probably not selling as they both are still working with QuestCap.  ...more  
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