Medivolve Inc MEDVF

MEDV to list on NASDAQ minimum price $ 4/share

[deepoil0808]

In its annual report MEDV stated that they are contemplating doing a consolidation of shares FOR EXCHANGE LISTING REQUIREMENTS. 

The Canadian stock exchanges do not have a listing price per share.

HOWEVER, the Nasdaq requires that the price per share be:     $ 4.00 per share.

MEDV will have surging revenue and ASSETS.

The consolidation will ensure that we have a trading price higher than $ 4 per share.     This means that at the very minimum we will have to have a rally to the 26 cents per share market, which consoldiate 15 to 1 gives $ 4 per share.

But it must be higher, so I would venture that it could go as high at 50 cents in the short term or higher, which gives it an $ 8 per share stock price for the NASDAQ.

And Naked shorts have to cover as they do not want to be exposed to the authorities especially the SEC for NASDAQ.

[Frosted]

IF. IF YOUR numbers are correct. The first order of business is to get out of that rediculous NEO excahnge and get on the TSX.. AND WHY do we have tio hear about MEDV news through a stock forum??? I.E... ceo.ca and still not yet stockhouse. Does this second rate company feel not compelled to inform it's shareholders of ANY news, beit it financilas, NR's, updates, etc. I mean, how bush

[Frosted]

SO. IF WE assume we need 4 bucks to get on the Nasdaq, and assuming we stay at our platry 6 cents, let;s be gererous and say 8 cents, a 15 to 1 reversal gets you $1.20. So that's ot For us to get to $4.00, that means this sucker has to run to .2666 in over 3 weeks. You think that's gonna happen?? And what about the rest of us that bought at 50 60 cents? What guarantee do we have that once

[deepoil0808]

They have 12 months form date of approval to authorize consolidation of shares. They are not going to do it for less than 26 cents per share as they need NASDAQ listings.   My guess is when we hit 50 cents they may do a 1 for 10 split to bring it to $ 5.00 per share. At that time we will have 40 million  shares outstanding.  When a stock is listed on NASDAQ it can trade many

[burnout29]

This post has been removed in accordance with Community Policy

[Frosted]

Unfortunately, this great company of ours allows public forums to divulge their information rather than post it on THEIR actual website. Extremely unprofessional.

[Frosted]

This thing runs to 50 cents, snag it and run for your life. Be greatful that you can get out at that price.