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Quipt Home Medical Corp T.QIPT

Alternate Symbol(s):  QIPT

Healthcare
Quipt Home Medical Corp. is a home medical equipment provider. The Company specializes in improving the home management of chronic illness through the application of telehealth systems and automated distribution. It provides in-home monitoring and disease management services, including end-to-end respiratory solutions for patients in the United States. It offers nebulizers, oxygen concentrators, continuous positive airway pressure (CPAP) and Bilevel Positive Airway Pressure (BiPAP) units; traditional and non-traditional medical respiratory equipment and services, and non-invasive ventilation equipment, supplies, and services. The Company's product offerings include the management of several chronic disease states focusing on patients with heart or pulmonary disease, sleep disorders, reduced mobility, and other chronic health conditions. Its products and services consist of sleep apnea and pap treatment, home ventilation, daily and ambulatory aides, and respiratory equipment rental.


TSX:QIPT - Post by User

Quipt Home Medical Corp
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Comment by Windyhillon May 07, 2016 9:44am
397 Views
Post# 24850499

RE:News out!!

RE:News out!!CNW Group
https://www.ottawacitizen.com/business/cnw/release.html?rkey=20160506C8216&filter=5609

PATIENT HOME MONITORING CORP. ("PHM")
BULLETIN TYPE:  Property-Asset or Share Purchase Amending Agreement 
BULLETIN DATE:  May 6, 2016
TSX Venture Tier 2 Company

Further to TSX Venture Exchange bulletin dated October 28, 2015, the Exchange has accepted for filing documentation pertaining to an amendment of an existing Purchase Agreement (the "Agreement") made as of September 1, 2015, between Patient Home Monitoring Corp. (the "Company") and two (2) arm's length parties (collectively, the "Vendors"), whereby the Company acquired all the issued and outstanding shares of Patient-Aids, Inc. – an Ohio based company that provides home-based healthcare products and services.

Under the terms of the amended agreement, the Vendors have agreed to accept 33,758,952 common share in consideration of all outstanding amounts owed to them.

Additionally, the Company will issue 285,000 common shares to to an arm's length consultant in connection with the foregoing transaction.

For further details, please refer to the Company's comprehensive news release dated April 19, 2016.



WindyHill
Bullboard Posts
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