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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 > Stan Bharti track record of SUCCESS
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Post by deepoil0808 on Oct 16, 2021 5:13pm

Stan Bharti track record of SUCCESS

Success #1:

Bharti became president of William Resources, a gold public company listed in Toronto.   
Bharti and his team built the company up from a junior gold company to one that was, by 1997, producing more than 200,000 ounces of gold annually.

Success #2:


Consolidated Thompson Iron Mines, which began as a $1M dollar exploration iron ore company with assets in Quebec at the time of Forbes & Manhattan's first involvement,[7][8] was developed and sold to Cliffs Natural Resources Inc. for $4.9 billion in cash

Success #3:

In 2002 Bharti acquired a controlling position in Desert Sun Mining. He developed the Jacobina Mine to near production and then four years later sold the company for $735M to Yamana Gold

Success #3

the sale of Avion Gold Corp. to Endeavour Mining. Endeavour Mining purchased Avion Gold Corp on October 18, 2012 for US$389 million

Stan Bharti Successful Strategy is as follows:


The main difference between Forbes & Manhattan and other merchant banks is they use technical expertise to develop their companies over long – 3–5-year time frames – rather than quickly flipping them

Philanthrophy

In November 2011, Bharti donated $10M to 
Laurentian University

MEDV Strategy

David Preiner presented his vision to Stan Bharti as to where MEDV will be in 3 to 5 years, more specifically with regards to the Telehealth market. David laid out his plans to hire engineers, doctors, nurses in tapping into the huge telehealth market and, using electronic systems to coordinate services for patients and reducing costs for hospitals and giving better care to patients especially in remote areas.

Stan Bharti bought this idea and so did Camebridge.  Together they took their $ 10 million to $ 12 million in debt owed and exchanged it for shares with a 3 to 5 years timeline, at which time the company when it is very profitable will be sold at perhaps several billion dollars to a large telehealth provider. 

It is a smart move.  

Why would anyone bet against Stan Bharti when you can see his vision very clearly for the future and, he has a track record of success?


https://en.wikipedia.org/wiki/Stan_Bharti
Comment by Frosted on Oct 16, 2021 6:20pm
All valid points. The only issue with this stock is it has been and continues to be run by shorts. The minute the stock goes up 10 centsm the shorts come in and the gain is nullified. Has been that way for well over a year.  And what if Stan decides to take the company private? We have no choice tio surrender our shares at a loss and it game over. Been burned on many a stock in the past and ...more  
Comment by deepoil0808 on Oct 16, 2021 6:54pm
I will address your two concerns: (a) There is absolutely no benefit to Stan Bharti nor to Camebridge to take MEDV private.    They will only get top dollars for their shares if MEDV remains a trading public company and, it excels in its revenues.   Stan Bharti want to make hundreds of millions of dollars as a return.   They are not interested in simply recovering ...more  
Comment by Frosted on Oct 16, 2021 11:07pm
If you say so. 
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