SQI Diagnostics Inc V.SQD.H

Healthcare Medical Devices

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

SQI Diagnostics Inc > Seller

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Comment by politicaton Mar 04, 2021 12:03pm

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Post# 32715525

RE:Seller

insiders are selling up to $ 15M in stock to fund conversion of their warrants to newly issued shares. So there is selling pressure on stock price. This was announced Feb 10th. Stock price started decline just before then. add to this the poor market and u have a drop.
It may hit 30 ....?
Insider share sale ends Mar 11th so i more week from here.
Seems like a temporary situation though. Should be a 2X by May.

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