Replies to post #1206 on MedX Holdings Inc (MEDH)

[Threeflight]

Anything is possible and I certainly hope so it works for everyone.

But a $1 M valuation on the incoming company does not justify the current market cap here imo....the company is going to need a lot more going on to keep the share price up.

I am always on the lookout for a good merger though.

For example *VOG is doing an initial $25 M infrastructure bitumen shipping asset acquisition with a lower OS than this co has at .035. They have 0 debt. There is absolutely no dilution. And the investment bank backing the deal, Network 1, has numerous IPO's on the nasdaq. For example they just IPO'd LFIN which went to $140 from $5. There is a large Dubai investor working with Network 1 to complete the initial deal and come in as management. OTC QB status and the end result will be a merge onto the nasdaq per Network 1. By the end the deal will involve up to 30 ships and other infrastructure assets. And the price is about the same as MEDH as I said.