TSXV:SQD.H - Post by User
Post by
FactFinder1994on May 17, 2021 10:20am
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Post# 33213575
Friend, Family, or COVER/Distraction
Friend, Family, or COVER/Distraction
This is not your typical public company. If you are here, your reason for being here likely falls in one of the categories above.
Remember, the Ownership of this company is unique.
There has been next to NO EFFORT to share the SQI story (still).
If you are fortunate enough to be aware of this story, you are among a very select group.
At some point soon the powers at be will share the SQI story, and that will eliminate the unnecessary cover some like to provide here.
Undervalued and Under Shared, and highly controlled....
Four shots on goal with FDA, all within weeks....and yet no one talks about it....
A little more background on how tight the Ownership story is for SQI Diagnostics (SQD)....
Total Float ~ 340M Shares, w market cap of $85M CAD ($70M USD)
Approximate breakdown below....
Clive Beddoe (Chairman) ~ 86M = 26% Gerold Connor (Director) ~ 86M = 26%
Wilmot Matthews (Director) ~ 87M = 26%
Peter Lea (A Founder & Scientist) ~ 2M = 1%
Other Insiders ~ 6M = 2%
Insiders represent approx 80% of the float.
Next seven groups own approx 10% of the float.
Top dozen groups represent 90% of the float or approximately 305M shares.
Remaining Float ~ 35M, or 10% of total shares.
There is a very small percentage of the shares trading, among a very small group of handlers, determining SQI's value.
The only reason handlers are able to prevail, is because the SQI story has not been shared.
Given the reputations of those involved here I am sure they will not allow manipulation by a few to continue.
Value and Integrity comes with transparency, and an audience.
People are dying in great numbers and hospital systems are overburdened, yet near silence here remains.