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Viemed Healthcare Inc VMD

Viemed Healthcare, Inc. through its subsidiaries, is a provider of home medical equipment (HME) and post-acute respiratory healthcare services in the United States. The Company’s service offerings are focused on effective in-home treatment with clinical practitioners providing therapy and counselling to patients in their homes using cutting edge technologies. The Company’s products and services include Home Medical Equipment, In-home sleep testing, and Healthcare staffing. Home Medical Equipment provides respiratory and other home medical equipment, including home ventilation, bi-level positive airway pressure (BiPAP) and continuous positive airway pressure (CPAP) devices, percussion vests, and other medical equipment. In-home sleep testing provides in home sleep apnea testing services. Healthcare staffing provides healthcare staffing and recruitment services. The Company provides home medical equipment services through its interest in East Alabama HomeMed, LLC (HomeMed).


NDAQ:VMD - Post by User

Comment by jomen1789on Nov 04, 2021 9:31pm
107 Views
Post# 34090059

RE:VMD's insider ownership is 15.2% and the jomen1789 case

RE:VMD's insider ownership is 15.2% and the jomen1789 case
Stockfy is lying again about the amount of shares currently owned by insiders. He says that Hoyt and Moore currently have 2,558,547 and 2,126,724 shares respectively. This number is intentionally misleading because it counts common shares issuable if Hoyt or Moore choose to exercise their options.
 
https://www.sec.gov/Archives/edgar/data/0001729149/000172914921000061/q42020usgaapproxydoc.htm
 
For Hoyt: (3)Includes 415,101 Common Shares issuable upon the exercise of options that are vested or will vest within 60 days.
 
For Moore: (4)Includes 320,915 Common Shares issuable upon the exercise of options that are vested or will vest within 60 days.
 
Stockfy is a liar and intentionally avoids mentioning that these extra 415 101 shares for Hoyt would dilute existing shareholders. 
 
 
The numbers I gave for insider ownership (around 11%) in my previous post were real and verifiable, with no intent to mislead. You can verify this yourself:
 
Go to Nasdaq's site here
 
https://www.nasdaq.com/market-activity/stocks/vmd/insider-activity
 
And you can clearly see that Hoyt owns 2 133 446 shares 
 
Feel free to go to EDGAR which is the database for all SEC filings, and search for Viemed form 3 and form 4 in 2021. Form 3 is the initial filing that shows ownership amount, and form 4 shows the change in ownership.
 
So if you go here:
 
https://www.sec.gov/edgar/search/#/dateRange=1y&entityName=Viemed
 
And search for form 3 of Hoyt, you can see that at the beginning of the year
 
Hoyt owned 2,073,185 shares
 
And if you look up all the form 4 of Hoyt in 2021, you will find that his most recent form 4 that dates back to May 11th 2021 shows that his total common share count is exactly at 2 133 446, same number as on NASDAQ
 
As for Michael Moore, his latest form 4 dating from May 9th indicates a bit over 1 800 000 common shares owned
 
So again, Stockfy is a liar that intentionally exaggerates and distorts the truth.
 
My numbers are verifiable on both NASDAQ's website and on EDGAR, the database for SEC filings.
 
Finally, during at least the last 12 months, all transactions involving insiders were sales, they didn't buy any shares, not even at this dismal, heavily discounted share price. You can see for yourself, both on NASDAQ site and on Edgar, that all the shares gained by insiders were shares that dilute existing shareholders, that's on top of the generous phantom share dividend that pays out millions even when the share price tanks.
 
Since these insiders rake in money hand over fist even when the share price tanks, no one can say with a straight face that these insiders have their interested aligned with the shareholders.
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