Wednesday, November 18, 2020 5:07:39 PM
QuestCap Announces Launch of Collection Sites’ COVID-19 Testing Sites Across Participating H&S Energy, LLC Locations
Toronto, Ontario September 23, 2020 — QuestCap Inc. (“QuestCap”) (CSE:QSC; FRA:34C1) is pleased to announce the signing of 15 lease agreements between its wholly owned subsidiary, Collection Sites, LLC and Orange County, CA based retailer H&S Energy, LLC to begin the roll out a network of ‘pop-up’ COVID-19 testing sites. Over the following months, the intention is to evaluate the remaining 85 eligible H&S locations and to sign additional leases and open collection sites at those H&S service stations across California...
...The collection site pods are 100 square feet and provide three separate and physically distant testing windows to administer 150 tests per testing pod per day and can be placed anywhere with access to electricity. Testing services average USD$60 per test with a capacity for 15 tests per hour, operating 10 hours per day, seven days per week.
That translates to...
15 sites x 150 tests/day x $60/test x 30 days/month = $4,050,000/mo
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Collection Sites Announces Agreement with Sandor Development to Launch Testing Sites at 65 Big Boxstore Locations Across the U.S.
Let's conservatively assume an average of $75/test...
That translates to...
65 sites x 150 tests/day x $75/test x 30 days/month = $21,934,500/mo
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Collection Sites Announces Agreement with Brookfield Properties to Launch Testing Sites at 73 Shopping Mall Locations Across the U.S.
Let's conservatively assume an average of $75/test...
That translates to...
73 sites x 150 tests/day x $75/test x 30 days/month = $24,637,500/mo
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Collection Sites Announces Agreement with Brixmor Property Group to Launch Testing Sites at 340 Retail Locations Across the U.S.
Let's conservatively assume an average of $75/test...
That translates to...
340 sites x 150 tests/day x $75/test x 30 days/month = $114,750,000/mo
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That totals up to...
$114,750,000 + $24,637,500 + $21,934,500 + $4,050,000 = $165,372.000/mo
If we assume that they can get all of these up and running within the next two months and that they remain operational for 6 months before the virus peters out...
6 x $165,372,000 = $992,232,000 by 7/1/2021
Is this on the level???? Why isn't everyone buying this up? What am I missing?
Les
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