A few posters are questionning why insiders are not loading up or, where is the proof that insiders loaded up.
I have to admit that I never believed that you can have eyesight and be blind at the same time.
The proof is right in front of their faces:
(a) Camebridge exchanged $ 7 million debt for +/- 95 million shares at 7 cents
(b) Sulliden MIning Capital exchanged its debt for 24 million shares at 7 cents
(c) Aberdeen International exchanged its debt for 24 million shares at 7 cents
(d) Newdene Gold made investment into 35 million shares at 7 cents
(e) Convertible note receivable of $ 1.2 million would like to take 17 million shares at 7 cents
Now you tell me, are they not loading up at 7 cents????
How many more million of shares do you want them to have. They own about 50% of the float.
Now ask yourself, why would all of these people (a) to (e) trade in secure loans that pay them interest, that guarantee them a lien on all assets, for shares of a corportion that are now trading at 4.5 cents.
Two answers to this question
(1) All the parties in (a) to (e) are insane
(2) Retail shareholders are out to lunch, while insiders are privy to details and are loading up.
But you know what, do not look at (a) to (e), keep watching this stock, keep sitting on the sidelines looking in the backrear mirror and keep lamenting, as this is good for your future portfolio in MEDV.
Once MEDV takes off in November 2021 and we trade where I expect it to be at $ 1.48 per share, you will realize that parties (a) to (e) were sane, that you the retail was insane.
Watch and learn.