RE:RE:v-g said was taking the weekend off - another lie from v-g Some things happening right now.
1. $125 oil. New Toll roads are dead in the water. Toll holidays will be considered to help consumers.
2. Supply chain issues persist for key sensors and semiconductor inputs into ITS causing challenges to start and complete projects (margin compression)
3. High tech employee costs rising (margin compression)
4. Failed strategic review as tech stocks starting to crash (companies not going to buy useless patents).
5. Why go to the Nasdaq? If QTRH was on Naz it would be below March lows like REKR, ITI and VHC. QTRH kept up due to asset flows into oil and materials economies, Canadian indices. QTRH being held up temporarily by the TSX glow.
6. New board members, new CFO, new CEO printing options = more dilution
7. IRD Ukraine business (2nd largest market outside of US) will need to be written off.
8. ITS European expansion fails as toll roads dead in water with record natural gas and oil prices in Europe. More costs. Lower margins.
9. Record low litigation pipeline for WiLan. Lost 10 district court cases in the past 3 months. Cases deeemed exceptional in 3 cases. WiLan owes defendants damages and legal fees. More costs. Lower margins.
10. Debentures trading below par. Act as a barrier on the common stock as investors have more alternatives to deploy capital than just the common stock.
11. Apple preparing appeals. When those are submitted it will set in that eventual payment is 3-4 years away after appeals -> district court retrial -> CAFC appeal on final damages award -> Supreme Court re-appeal on damages trial.
12. Itiris and REKR trading at multi-year lows. Analysts cut stock ratings to "hold". One analyst cut price target by 50%.
13. VirnetX trading below cash on balance sheet. Patents are worthless.
14. Chairman oversaw the demise of Lendified. Chairman has been involved in 3 other bankruptcies or cease and desist trading orders for other public companies.
15. Skippen sold stock at 2.30 last year. No directors have bought any stock with their own money.
16. Markets entering bear markets everywhere. Small cap tech stocks are getting cheaper. More options for investors to choose from. QTRH will have to compete with other small cap tech stocks.
17. Risk of shareholder lawsuits against QTRH for failed timely disclosure of Apple lawsuit outcomes.
18. Delays in completing ITS projects could lead to special contractual charges. Or much lower margins to buy inputs at record prices as the contractual charges or so usurious.
19. Already hedging the Strategic review. A go-private transaction? The final gift to Skippen and friends to sell WiLan at a discount to its cronies?
20. CEO and CFO abruptly fired. There was no thoughtful and strategic consideration as a banker wasn't even hired. They hired a banker three months after. THIS IS RIDICULOUS. Raises the prospect that other nefarious activities were at play the resulted in their firing.