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VIQ Solutions Inc T.VQS

Alternate Symbol(s):  VQSSF

VIQ Solutions Inc. is a Canada-based global provider of secure, artificial intelligence (AI)-driven, digital voice and video capture technology and transcription services. The Company offers comprehensive solution suite that delivers intelligent automation, enhanced with human review, to drive transformation in the way content is captured, secured, and repurposed into actionable information. The cyber-secure, AI technology and services platform are implemented in the rigid security environments including criminal justice, legal, insurance, government, corporate finance, media, and transcription service provider markets, enabling them to improve the quality and accessibility of evidence, to easily identify predictive insights. Its proprietary AI models and supervised learnings are built and trained on large set of specialized industry and client specific content not publicly available to large language models. It has operations in the United States, Canada, Australia, and Europe.


TSX:VQS - Post by User

Bullboard Posts
Post by Osubuck30on Jan 21, 2020 11:18am
128 Views
Post# 30577738

Strong buy but...

Strong buy but...

Look at the progress they have made over the last few quarters. The next quarter better be profitable!

My issue is they do a 1 for 20 reverse split which took the fully diluted shares below 14 million and instantly couldn't wait to lower a convertible debt that will now dilute by an additional 4 million shares!!!!

This could be seen as insiders knowing sustained profitability is coming so they want to convert all the debt to shares (insiders own some of this debt). 

On the flip side this is HORRIBLE dilution if they have turned the corner and will start throwing off cash. $7 million in debt is nothing if they start throwing off $1 million per quarter starting sometime this year.

Bullboard Posts