Mitesco Inc. (MITI)

[Threeflight]

This stock is toast without some sort of acquisition in the telamed space.

Why would anyone care about one clinic opening months from now, and that has taken this long to even get started? One clinic.

Who in the hell cares.

How many clinics are there around the USA just like this? 1000s?

So one clinic is going to make this a 50 cent stock or higher?

I don't think so. A much easier and cheaper direction would have been to actually acquire a company that already has clinics in operation, or at least a company in the telamed space that can bring in revs and EBITDA and that is currently doing business.

Waiting on one clinic to open, for a company that currently has no other business and toxic debt?

How is that in any way a smart idea? By the time they could even get one open the stock will be at .004, the OS at 700 M, and shareholders fleeced.

Or they could have acquired a company already doing all of that, had an OS of 700 M, and a stock price at 50 cents.

Just complete stupidity and IMO the CEO is doing it this way for one reason only, because he wants to do as little work as possible, collect a pay check, and dolla dolla bill it up at the strip clubs while shareholders suffer.