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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 > 3rd Qtr Rev: $ 22 million versus Mkt cap $ 17 million
View:
Post by deepoil0808 on Oct 12, 2021 8:51am

3rd Qtr Rev: $ 22 million versus Mkt cap $ 17 million

The MEDV investors are not the brightest so we have to excuse them, look at these stats:

Q3 Projected revenue:                   $ 22 million

Market cap                                        17 million  (391 million shares at 4.5 cents)

Do stocks not normally trade at 4.0x to 10x sales or is the new norm 0.75x sale?   

Perhaps I entered the wrong Universe.
Comment by Catspajamas on Oct 12, 2021 9:06am
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