Replies to post #1129 on Virtual Medical International Inc (QEBR)

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Here's the sauce on the $200M acquisition:


QEBR acquired Eco Equity a couple months ago. Eco is valued a over $200 million. And yet QEBR currently has a market cap of $20m.

https://www.otcmarkets.com/stock/QEBR/news/story?e&id=1943015


https://www.wealthandfinance-news.com/uk-medicinal-cannabis-company-eco-equity-hits-18-3-million-funding-target/

“Eco Equity is currently a private listing and was offering pre-IPO shares at £0.10p each at its inception in 2018, after a recent audit by Baker Tilly in 2020 Eco Equity was valued at US$210m (£163m) and shares valued at US$0.72 (£0.56p).”