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SQI Diagnostics Inc V.SQD.H

SQI Diagnostics Inc. is a Canada-based company that is focused on lung health. The Company is engaged in the development and manufacturing of respiratory health and precision medicine tests that run on its fully automated systems. Its clinical solutions include Rapid Acute Lung Injury Diagnostic (RALI-Dx), lung transplant diagnostics, COVID-19 testing and surveillance testing solutions. Its RALI-Dx IL-6 Severity Triage Test and the RALI-fast IL-6 Severity Triage point of care (POC) Test each help clinicians identify which patients with SARS-CoV-2 are predicted to have a severe inflammatory response and should or should not be admitted to the hospital. Its RALI-Dx delivers results from the lab in less than an hour while RALI-fast delivers results at the patient point-of-care in about 15 minutes. The Company’s TORdx LUNG Test measures inflammation at the molecular level to assess the health of the donor lung. The Company is also focused on its organ transplant pipeline of products.


TSXV:SQD.H - Post by User

Comment by Vista5on Feb 10, 2021 11:07am
97 Views
Post# 32525093

RE:who will buy ?

RE:who will buy ?On the surface it does look like a daunting task.  But on the intent to sell  it states they will sell up to 15mm shares.  My guess is they know the importance of getting shares into institutional hands so perhaps you are correct. Perhaps the new management has tapped into major institutions that he has known from his previous position.  Time will tell.  As well these guys know they can't put pressure on the stock.  Probably would have been much easier to write a check and not sell shares.  
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