Quipt Home Medical Corp T.QIPT

QIPT has not announced an LOI in quite a while.

[gibbonsj]

What is their return to announcing LOI's telling us? My interpretation is they are sending the message that from here on in they are going to support share price by keeping the near term prospect of more acquisition news top of mind thereby giving the serious buyers who have been diligently manipulating share price the sense that if they don't get in now they are going to miss the boat. In this manner putting a sense of urgency in their purchases and introducing a heightened level of competition in their bidding which goes without saying will stabilize share price. My take away is there will be more news in the coming weeks.

[lscfa]

Crawford said he prefers to announce deals after they are definitive but regulatory rules demand  that material LOI's must be disclosed.    

[gibbonsj]

I looked for that reg and did not come up with anything other than pertaining to a substantive material matter which this is not. Regardless, the timing of the announcement picking up share price from an absolute low is the important thing about timing of the release. The company has absolute control over when the LOI is signed and according to your commentary consequently disseminated to the

[gibbonsj]

The important thing about the release was not the acquisition itself but rather Mr Crawford's forward looking commentary. That is what gave share price the boost and which was not required by any regulation.

[besttobe]

The reasons why the company announced...... 1. The LOI of a material aquisition.  2. Advertise on stockhouse 3. Pay stockhouse and others to write articles...... Is to pump the Stock....  Why... To either 1. Do a money raise to keep their high paid salaries/bonuses.. 2. To exercise their options and restricted rights.  3. or to sell the company.  4. ETC.. Either way