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Quipt Home Medical Corp T.QIPT

Alternate Symbol(s):  QIPT

Quipt Home Medical Corp. is a home medical equipment provider. The Company specializes in improving the home management of chronic illness through the application of telehealth systems and automated distribution. It provides in-home monitoring and disease management services, including end-to-end respiratory solutions for patients in the United States. It offers nebulizers, oxygen concentrators, continuous positive airway pressure (CPAP) and Bilevel Positive Airway Pressure (BiPAP) units; traditional and non-traditional medical respiratory equipment and services, and non-invasive ventilation equipment, supplies, and services. The Company's product offerings include the management of several chronic disease states focusing on patients with heart or pulmonary disease, sleep disorders, reduced mobility, and other chronic health conditions. Its products and services consist of sleep apnea and pap treatment, home ventilation, daily and ambulatory aides, and respiratory equipment rental.


TSX:QIPT - Post by User

Bullboard Posts
Comment by brentski99on Feb 16, 2019 12:24am
196 Views
Post# 29374413

RE:RE:RE:RE:RE:RE:You don't get these kind of shakes for nothing ...

RE:RE:RE:RE:RE:RE:You don't get these kind of shakes for nothing ...Unsecured subordinate debenture of   $7,193,000 as of Sept 30th, 2018. This will be paid off with the proceeds of a new debenture of  between 13 and 15 million dollars. Best case we would have about  8 million left over to add to about  another 8 million cash on hand. From this 16 million you would add profit from the last Quarter ended Dec1st, 2018 and subtract any money they have laid out towards the last acquisitions. Once the debenture shares are converted the debenture is paid off and the company is debt free.

                           AND THEN WE DO IT AGAIN AT MUCH HIGHER PRICES
Bullboard Posts