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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 > Short term 48 cents per sh / One yr target $ 1.48/share
View:
Post by deepoil0808 on Oct 11, 2021 1:01pm

Short term 48 cents per sh / One yr target $ 1.48/share

Simple Math:

Within 60 days at a minimum or higher:

Sales of $ 4 million/month * 12 months:                   $ 48 million

Trading at 4x sales:                                                    192 million valuation

Shares outstanding                                                    400 million shares o/s

FMV per share                                                              48 cents per share


Within 12 months at a minimum or higher

Sales of $ 12 million/month * 12 months                 $  144 million

Trading at 4x sales                                                      576 million

Shares outstanding                                                     400 million shares o/s

FMV per share                                                              1.44 per share
Comment by RockThunder on Oct 11, 2021 1:18pm
Lol
Comment by Frosted on Oct 11, 2021 8:44pm
I like your optimism
Comment by deepoil0808 on Oct 11, 2021 11:36pm
I took the actual facts released to date of which I know of and, I made some conservative estimates. Everyone is making a big deal around the issue that MEDV issued 171 million to get rid of their debt of some $ 10 million that was overhanging their operations + $ 2 million in change that they used to pay off some current accounts payable. In other words, their balance sheet is cleaned up.  ...more  
Comment by Catspajamas on Oct 12, 2021 5:45am
https://images.app.goo.gl/qmDLFpp1eAojKyFSA
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