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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 > Credit Facility News
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Post by pirateinvestoron Feb 28, 2023 9:54pm
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Post# 35311451

Credit Facility News

Credit Facility NewsSomeone please explain to me why SQI post this news..  They extended the credit facility on Feb 6 and three weeks later it is extended again..  Why ?    

Since the acquisition of PBI it has been extended multiple times now.. Just do not get why this news to be the latest news of this company ?

I am awaiting the mid-feb rollout of the antibody test etc. from their investors presentation ?   
I am awaiting Q1 results to be posted last week ?

My spider senses tell me something is not right.. 

PI
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