RE:RE:RE:RE:RE:YTD - TSX index down (11.0%)/QTRH down (38.0%) Can you ask them why they have not pulled the $150 million remaining base shelf offering? It is a huge overhang and I won't touch the stock with it there. They can double the share count at these prices and is a significant risk to shareholders that they can issue stock without any shareholder approval. And why would you care about shareholder approval when you don't own any shares and went to the unusual step to outsource the Investor Relations function? Can you name any TSX listed company worth $200M without an investor relations function?
Can you also ask them to update the Interactive Analyst Center on the website? It hasn't been updated since November of last year.
And can you also ask how Quarterhill is one of the only remaining tech companies that massively overpaid for an asset at the peak of the pandemic and hasn't written down goodwill yet?
And can you ask if the debt repayment last quarter was required by the creditors as they have breached their covenants?