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Friday, October 04, 2019 11:04:21 AM
I was a very loyal long investor here but with the companies lack of ability to get any exposure to new investors, the approximately 300M shares of overhang due to perferred share conversions, and the lack of any news on adding new distributors over the past month has convinced me your words resonate well. I have reduced my position by 80% and hold a much smaller (1M shares) high risk position just in case. Hope im wrong for the loyal investors here but Medico seriously needs to address some things:
1. Monthly or at least some Sales progress? Why no 100,000 order for coffee cans?
2. Perferred share conversions and share overhang
3. MARKET EXPOSURE and efforts to get more investor interest.
4. Increased distributors?
5. Efforts to avoid being steamed rolled when the big companies enter the market.
If I wasn't still a shareholder I'd recommend a symbol change from vate to TURD. As a bit of humor myself and all I got invested in this, refer to it by that symbol now.
May we be very wrong here for the loyal but I truly agree with your risk adjusted thinking and Captain Medico get off your rump and get some new investor intrest and address the real elephant in the room.
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