Quarterhill Inc T.QTRH

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

Technology Communication Equipment

Quarterhill Inc. is a Canada-based company, which is engaged in providing tolling and enforcement solutions in the Intelligent Transportation System (ITS) industry. The Company provides end-to-end mobility systems to some of the tolling authorities in the United States, including in Texas, California and Illinois through Electronic Transaction Consultants, LLC (ETC). ETC’s core products comprise the riteSuite platform, a scalable and customizable cloud-based tolling and mobility solution. The platform has applications for the roadside and back office, with strengths in vehicle identification, tracking, dynamic pricing and interoperability amongst agencies. The Company’s wholly owned subsidiary is International Road Dynamics Inc. (IRD), is a multi-discipline, technology company and provider of Intelligent Transportation Systems. It provides integrate ITS technologies into systems designed to solve and challenging transportation problems.

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Quarterhill Inc > Cash position

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Comment by shareholders1on Nov 03, 2021 8:13am

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Post# 34081032

RE:RE:Cash position

Astutein wrote:

"I believe cash position is after debenture based upon the following:

Cash quoted as June 30 Q2 123

Deduct 75 to purchase ETC Aug 75 (other 75 million HBC loan

Balance before debenture 48

Add debenture receipt 57

Total I believe current balance approx 105."

I think the comment from JHFL regarding Astutein is warranted. There are many actual adjustments (such as cash dividends, debenture commisions, ETC closing costs) that are not mentioned at all before the conclusion cash "balance approx 105m". And of course net cash generated in Q3 - assuming there is net cash generated in Q3. Not to mention amount of cash used to acquire patents ( per August 3 PR).

Astutein, you should pause and re-read what you plan to post, before you click.