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Quarterhill Inc T.QTRH

Alternate Symbol(s):  T.QTRH.DB | QTRHF

Quarterhill Inc. is a Canada-based company, which is engaged in providing of tolling and enforcement solutions in the intelligent transportation system (ITS) industry. The Company is focused on the acquisition, management and growth of companies that provide integrated, tolling and mobility systems and solutions to the ITS industry as well as its adjacent markets. The Company’s solutions include congestion charging, performance management, insights & analytics, analytics, toll interoperability, mobility marketplace, maintenance, e-screening, tire anomaly detection, multi-modal data, intersection management, and others. Its tolling includes roadside technologies, commerce and mobility platforms, audit and enforcement, and tolling services. Its safety and enforcement comprise commercial vehicles, automated enforcement, freight mobility, smart transportation, and data solutions. The Company’s wholly owned subsidiary is International Road Dynamics Inc.


TSX:QTRH - Post by User

Comment by cactuseskimoon Oct 18, 2021 2:07pm
224 Views
Post# 34019057

RE:RE:RE:RE:RE:RE:RE:RE:A little rain on the "Roadmap" parade

RE:RE:RE:RE:RE:RE:RE:RE:A little rain on the "Roadmap" parade

Ha! I wish I read your opinion before jumping into KNR. FWIW, most invested based on a product that the CEO pretty much promised was going to immediately fly off the shelf. It didn't happen like that, but I still like the investment and they have made major strides. It would have been nice to get in on that major dip you mentioned instead though!

v_guerriero wrote:

It's okay Cabbie.

He is not angry with me, he is angry at himself.

I publicly stated here that going all in on KNR at 3.40 was a dangerous bet.  There were several cross holders of QTRH here with KNR.  I strongly advised publicly against it. 

The stock went from 3.40 to 0.80 in a matter of months.

I was a 100% correct in my call that they were running out of money and the financial statements showed that they were running close to the limits from a coverage standpoint.  There was no more access to debt.  

So they did a down round equity financing.  They eventually found investors that provided financing at punitive levels at 1.50 / share and then a free warrant with a strike price of 1.75.  When you did the Black Scholes modelling of that warrant they essentially did an equity raise at 1.00/ share.  Below 1.00 is where the stock bottomed. 

Now, he'll say that he averaged down and has broken even.  When the reality is he could have 5-7X the number of shares he owns today if he just listened to me.

Now I hope for his sake that the company can generate cash and he can break even, but I suspect they are pumping the tires so hard on this one to set the stage for another equity raise.

 

 



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