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Great to see the volume moving back up. I Hope we hold the gains for the day.
Awesome start of the week.
10Q needs to show progress.
On another note
With the help of bankers at the newly renamed E.F. Hutton, Mr. Orlando and Digital World lined up 11 hedge funds and other institutional investors to serve as so-called anchor investors. They agreed to buy substantial slugs of shares in Digital World’s public stock offering on Sept. 8.
Trump SPAC has a connection to EF Hutton the same company working MITESCO.
Interesting for sure.
Let’s hope so.
I agree, it’s a real sign of desperation. But no revenue and growth? The only way to keep growing is to look for additional investors at a established exchange. But Oak street is loosing money everyday just as the Good Clinic. And they are falling out of flavor with Wall Street crowd.
We need prove the concept, if the 3 quarter revenue is 20k for 2 location we aren’t growing. The location rents cost more then the revenue we bringing, not counting cost personal, light, heating/air conditioning and licensing and insurance.
We need to show revenue growth, to support expansion. Expansion of dead fish is a equal to a dead fish.
Hence stuck @ .25 cents for months end, even with 3 locations open.
Your 100% correct, the execution of these items matter
*Open additional locations (on time)
6-2021. 19-2022
We’re promising 10 this summer 7 at the beginning of the year.
*earnings have been dismal
6k first quarter
8k second quarter
3r quarter has to prove the concept or dead in the water. The Nasdaq is all about revenue, you can’t trick analysts with location and no revenue growth look at Oak street currently they are on a free fall. Tons of location but no revenue growth SP has dropped from 66 to 33 and Wall Street is calling teens. Larry has compared the model to Oak street in the past?
* Nasdaq up-list application with no revenue or proof of concept will lead to a large reverse split and investor running for the hill.
Management need this to grow organically, witch initial grow the revenue stream. The Nasdaq will punish companies that don’t produce revenue!
It would short term, but the board would issue additional shares to them to make them whole. R/S would hurt the shareholders
I do agree the way this been trading doesn’t instill confidence.
Larry yesterday spoke of getting an additional 3 more location open by end of year. One is currently under construction in Denver, and the others will be shortly.( still short from 10 locations Larry spoke about in the summer and from the original projection 5-7)
What I find interesting, is that security council has been changed last week to a group that is more versus on helping OTC up list to the Nasdaq.
Additionally Larry spoke of up listing specifically by the end of the year.(I know this has been said various times this year also)
But what scares me is if the do push this thru at this current SP they would have to complete a huge reverse split to achieve the up-list price. That would dilute all our share holder equity, and leave us holding the bag. I hope this not the case and they let the locations show proof of concept, and revenue. That will get us to the up list price organically. (On a side not I was looking at appointments for the first two location and they are booked straight until October 18.) GLTA
It looks like a Nasdaq application is coming soon. Larry just mentioned up list by end of year at today virtual conferences. Can we get to the SP organically? I hope so
Share holder equity.
Diamond said the advantage of initially capitalizing Good Clinic through a public company, compared with the more traditional route of venture capital and private equity, will allow retail investors to get in on the ground floor. That's where big gains often accrue.
Yahoo interview today!!!
9h
Michael Howe, CEO, The Good Clinic will be on a live interview on www.yahoofinance.com tomorrow, Tuesday at 3:15 pm ET with Seana Smith and Adam Shapiro. Don't miss hearing Michael share the incredible innovations he is launching for each of us.
#healthcareinnovation #healthcare #interview #health #wellness #patients #mentalhealth #ceo #mitesco #mitescoinc #stockstowatch #stockmarketnews #stockmarketinvesting
I agree the sky is the limit. Wait till it happens. I’m holding and buying more.
BUYINS is only firm that tracks every short sale from all 14 US stock exchanges and helps companies fight abusive market making & short selling.
MitescoInc $MITI Financials News https://tinyurl.com/ye6t9nsn New Report https://tinyurl.com/ykeuzwz6 Goldman SCR $2.00 PT https://pr.report/fqpbDkIr Squeeze above $0.15 https://tinyurl.com/7vpc7uyd Telehealth clinics with nurse practitioner as primary healthcare provider https://thegoodclinic.com
MitescoInc $MITI Financials News https://t.co/UxT7zdA2CA New Report https://t.co/X1pNzjWZUb Goldman SCR $2.00 PT https://t.co/8gWhWkRf6m Squeeze above $0.15 https://t.co/FXaRfFVblv Telehealth clinics with nurse practitioner as primary healthcare provider https://t.co/4al5uLvvfK pic.twitter.com/8fH8VDdIiH
— BUYINS.NET (@buyinsnet) July 9, 2021
It’s going to blow!
I agree 2022 will bring larger adoption and revenue. We will get these 7 location open before end of year. And by then I can stockingstuff my Christmas socks. Cheers!
https://www.goldmanresearch.com/
New research report. Miti exceeding expectations!
https://www.dirtt.com/projects/healthcare/the-good-clinic-minneapolis-minnesota
The Partner building the next Good Clinic’s faster construction and lower cost! 2 month to build and 7 days to install. Nuts. Now we have the blueprint for a national scale.
I found the 4 million shares traded very interesting today. I’m not scared
Second location is here!
He did speak of the additional two locations but the paperwork isn’t complete and ready to go. Hence I’m good waiting. We will get official PR soon.
For sure, I wanted a new location being announced today. But 2 weeks or so isn’t going to kill me. We should see a busy 3 and 4 quarter, unless we hit further delays.
I have some @.02 and another account at .17. Should bought way more at .02 but missed that bus.
I think most of us we’re willing to hold long term. As they announce additional location we should move SP upward.
Yes, they are just waiting for the HUD. Second location is coming very soon.
Count me in!
Yes, Larry answered my question. I asked if we were already constructing a new clinic? He said not yet but just waiting for the HUD to be approved to open Eden Prairie in the next two weeks.
Additionally he is very confident to open 7 new locations by end of year in the Minnesota area.
With the new prefabricated walls with wiring already installed the construction of each location will only be 10-12 weeks.
On up listing, NYSE /America is the route they are going with. Later this year, some heard Q1 2022 on Stocktwits. Larry did say if price doesn’t reach 2 dollar, they could do reverse split to get it there.
Larry spoke about growth, the team is looking to buy retiring doctors book of business and covert them to Good Clinic clients. Furthermore he spoke of being in the works with 3 insurance companies for referrals and billing.
I was impressed with the evolution and growth plans for 2021, and this summer and fall is going to be busy for Mitesco. As for me I’m excited and going to be adding more at these levels.
Sctts did you hear anything that I missed?
Also,
Denver expansion will be down the line.
I’m hearing we’re are going to have updated filing the first week of June. .01 incoming load up before the news.
I agree the hours need to be adjusted, we need info of the foot traffic and the medical billing. But having cash on hand, eliminating their debt and being in a position for expansion. Is awesome, tomorrow I think we get an update. The conference were participating @ 1:15 (I’m registered and going to be listing)should provide us with further details. So excited for the week ahead! Mitesco = Progress
I agree a saw that on their website. The hours don’t make sense to me either. I would think being open on the weekends would be vital to increase their exposure. 9-4 weekdays needs to change.
I see what your saying. I’m just satisfied to see cash in the bank of the tune of almost 3mm. That will allow us to open at least two more centers. That should push the stock price to at least .75 were we can collect more of the 11mm. And we can open additional centers, rinse and repeat.
Great point.
Maybe even Monday? Who knows.
Agree so over this. Time to make money!
When are we getting into the weed game? Any timelines?
Larry answered a person on Stocktwits and said very soon. 10Q and then the announcement maybe tomorrow or Monday morning. Let’s see how it plays out.
Larry is building a international brand! It will take time but we are on the cusp of explosive news! GLTA
This is getting to blow. .75 cent would be awesome so they can get the additional funding for more locations.
Volume picking up! It’s going to be great week.
All I know is whales are loading up! Monday looks like volume will be up
Whispers sound like it might be already started or about to start. We are close to an update.