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MasterFeldan

04/12/21 6:15 AM

#52679 RE: MasterFeldan #52655

To recap... and again, I'm sorry if I'm late to the game on this one:

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https://www.globenewswire.com/news-release/2017/11/14/1186080/0/en/PHIVITAE-Corporation-Partners-with-Lao-Company-to-Supply-Pharmaceutical-Products-and-Medical-Equipment.html

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So as the Aug 28th, 2017 PR notes, Phivitae was formed to serve as the holding subsidiary for the healthcare division of PHI Group. A letter of intent was signed to acquire 80% of a 20-year old profitable European (Romanian) medical distribution company.

The question was "What's the name of the European company that we own 80% of?"

Started searching around. Kept finding the same articles over and over. Kept talking about how we intend to acquire 80% of a medical corporation. Articles like this:

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https://www.freeweed.it/romania-gruppo-americano-phi-coltivera-cannabis-uso-medico-transilvania/

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More specifically, I kept seeing things like this (in the same link posted above).

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Kept staring at it. Then it clicked. Romanian is capitalized because it's a proper noun. What if "Medical Corp" isn't capitalized due to a translation error? What if it's capitalized because "Medical Corp" is literally the name of the company?

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https://www.profit.ro/insider/companii/foto-premiera-dupa-succesul-legalizarii-marijuanei-in-sua-americanii-de-la-phi-group-vin-sa-cultive-cannabis-medicinal-in-transilvania-17827991

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https://www.sec.gov/Archives/edgar/data/704172/000149315218002344/form10-q.htm

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It was never a secret. And it was never particularly hard to find. We just overlooked it. At least I did. I guess I really shouldn't speak for anyone else.

1,359,223 Euros in sales for 2019. Only 108,017 Euros in profit. I'll take it though.

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And here are a couple of its web addresses:


https://medicalcorp.ro/
http://www.medicalshop.ro/

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What's the next puzzle?