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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 > MEDV trades at (1/2 of 1 time sale) - VERY CHEAP....
View:
Post by Hiddensecrets on Feb 05, 2021 7:57pm

MEDV trades at (1/2 of 1 time sale) - VERY CHEAP....

Can anyone tell me why any company in the world that whose revenue is going to double, triple and quadruple is trading at a 1/2 of 1 times sales?

Stocks can trade upwards of 10x sales and here we trade at  0.5x sales.

Here are my calculations using only January 2021 track record:

Total tests:           73,973 * $ 96 USD per test                 $ 7,101,408 USD

In Canadian that will be at $ 1.3415:                                 9,526,539
Then we add:   Kinross                                                      2,000,000
And Columbia and real estate                                           2,000,000  (estimated)

TOTAL SALES:   January 2021                                    $ 13,526,539

PROJECT RUN RATE 2021 BASED ON JAN            $ 162,318,468   Projected sales in 2021

MARKET CAP NOW                                                         85,000,000

TRADING AT (85,000,000/162,318,468)                             .52x sales (that is 1/2 of 1x sales)

We have not included any of the covid19 disinfectant, nor additional cubes, nor blowfish, nor any other possible deal.

Let me ask you a question:    Is this too expensive for you????

Perhaps knownothing can comment....lol....

                      
MPO
Comment by Jasper66 on Feb 05, 2021 8:31pm
Two things, first we have Anonymous constantly keeping this down for his own personal gain. Second exposure, we just don't have enough people who know about this stock. I know each exchange has their rules but I really want the stock listed on a US stock exchange. 95% of our business is in the US and it will continue to be so, so why are we on the NEO?
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