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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 > SOLD
View:
Post by deepoil0808 on Nov 03, 2021 4:11pm

SOLD

For transparency purposes I am providing this post.  

I made a decision to sell my entire position based on the companies intention for a 1 for 15 reverse stock split and, their intention to raise additonal funds.

My intention was to have a material position in the company  and, to benefit from good results to be announced, which would have sent the stock rallying.

However that has changed with the reverse stock split vote.   It will dilute my position by 15 times and, it also indirectly confirms that company is in need of cash, which to me means they are still at a loss in their operations. 

I had counted on a profit, not a loss. 

Also there is an issue with 3 cubes, 2 in California with authorities and, 1 in Hampton East.   There is also bitter feud with blowfish and, ending of deal was never announced.   Website still shows blowfish.    Plus one last additional point was the failure to close latest PP or, to even announce what happened to it.

But the tip of the iceberg which convinced me to sell is the REVERSE STOCK SPLIT.

Good Luck to the rest of you,

Disappointed but relieved to be out of here.   This board is also very toxic.

My personal opinion,
Comment by Abovetheflay on Nov 03, 2021 4:38pm
This sounds a lot like something written by HiddenSecrets... here comes the flip flop from booster to basher.  
Comment by Frosted on Nov 03, 2021 5:31pm
Why is this board toxic? Because a select few of us are realists and you choose just to try and pump this stock with unsubstantiated numbers and facts. We have exposed you and you can move on. If your last posts going back a week or so don't reek of a pump then dump, then good riddance to you and then maybe this forum becomes less toxic. Others unfortunately are stuck with the reality of a ...more  
Comment by deepoil0808 on Nov 03, 2021 5:52pm
Your response is the typical toxic response I was speaking of. I sold because of MEDV reverse stock split + pending new PP. However that being put aside, why would I maintain an investment in a company or increase it, if other shareholders like yourself call themselves realists and believe that only a 4 cent price is merited? Why would I waste my time here, when other stocks provide returns of ...more  
Comment by burnout29 on Nov 03, 2021 6:06pm
This post has been removed in accordance with Community Policy
Comment by Frosted on Nov 03, 2021 6:11pm
Just look at your previous 20 posts.  Big earnings coming in Record revenue Now all of a sudden you are privy to the numbers that they are going to report, when Medivolve itself refues to put out one NR regarding their unpcoming financials. Perhpas as a goodwill getsure to the rest of us, amyne a link so we can see for ourselves? For the record, there is NO Nasdaq unless of course they wanna ...more  
Comment by Abovetheflay on Nov 04, 2021 2:05pm
Hidden/Deepoil just proved your point... they are the same person and the flip has happened again... Pumper to dumper.. Like clockwork..ha. 
Comment by Frosted on Nov 04, 2021 2:35pm
For sure. My guess..... Sarb99 What;s sarb's name on ceo.ca???