RE:RE:RE:RE:RE:Record date for Spin Out SharesNope Iscfa, Viemed will continue to report in US$. Refer to Schedule C to Appendix F (the audited financial statements of Viemed at 08/31/17):
FOREIGN CURRENCY
Functional currency: The financial statement is presented in US dollars, which is the Corporation's functional and presentation currency.
Refer also to the Pro Forma financial statements of Viemed in US$000.
You have referenced an obsolete legacy PHM consolidation risk factor.
lscfa wrote: don't think so....
pg. F-29
"Viemed will continue to translate the assets and liabilities of its United States dollar functional currency subsidiaries into Canadian dollars using exchange rates in effect at the end of each period. "
miningfundi wrote: Viemed will continue to report in US$ whereas PHM will continue to report in CDN$, which is foolish since all its operations are in the USA. They should first achieve listings on the senior TSX exchange before attempting US listings.