Quipt Home Medical Corp T.QIPT

So Much For

[Tropicalsun]

Reading between the lines and expecting any news heading into the virtual investment conference.
So what did that statement mean " we look forward to updating the investment community."

Crawford was supposed to do an interview, did that happen? Not feeling much mojo with SP these days, frustrating. The news wire has gone quiet, we lost some good momentum because of the delay in the closing the latest LOI.

My guess is the longer the delay, the more likely it doesn't happen. Management keeps telling us the pipeline is full, they also keep telling us the year end revenue run rate is still 180 to 190 million. They better get moving, tik tok.

[sebraz]

The LOI from November is still in the pipeline, but figures didn't meet their due diligence criteria. The LOI is working on cleaning up their balance sheet and making certain requested changes by QIPT before the acquisition occurs. that being said, still doesn't mean it'll get finalised I get it's hard to time, but if they don't close another transaction on this side of the

[gibbonsj]

To me that means they have something in the works and will update us when it's been nailed down.

[besttobe]

Gibbons wrote "To me that means they have something in the works and will update us when it's been nailed down............... or not

[Carlito3311]

This post has been removed in accordance with Community Policy

[besttobe]

Not to mention that they didn't finalize the line of credit increase. that may now require them to do a money raise through share issue dilution. Plus they can't deal with the debenture conversion because the S/P was shorted below the strike price. Coversion, if possible would further dilute the float 10% or alternatively use up to over 10 million dollars if they have to pay them out. IMO

[Tropicalsun]

gibbonsj you could be correct, but who knows. We had good momentum building in the SP, then the delay comment made by hardek during the CC pretty much put the breaks on again. Yes these markets suck and the invasion of Ukraine by Hitler #2 only made things worse. I keep asking myself the question, why we don't trade more inline with our peer trading multiples? Most likely because we are still