RE:Short position, news, etc.staydotcalm, this is an important issue imo. The settlement was announced on June 18th. While some information on a milestone payout or QTRH receiving its 10% of a distribution could be part of the Q2 financials picture, information could just as easily fall into Q3. QTRH IR is mute on the "Wilan" subject as communication seems to be direct at the CEO level. I'm certain the issue will come up again on the Q2 call. The terms and ranking of the earnouts and distributions is unknown, but it's safe to assume that if the settlement was anywhere directionally near the jury award (est. ~$300 CDN), that money should flow to QTRH by Q3 - indicating that there could be an announcement as part of the Q2 financials release. Last year Q2 was released on August 9th.
I feel comfortable believing QTRH management will want ot showcase ITS performance improvements and therefore may not want to conflate Q2 results with a mix of ITS performance and Wilan earnouts. For that reason, I think any Wilan money will come in Q3 and that it can be presented as future icing on the cake within the Q2 announcement. If all earmouts come home to roost, they represent ~$0.35/share, CDN.