Medipharm Labs Corp T.LABS

No earnings call, only presentation.

[Lemoyne]

This is either turning into a dumpster fire or going private.

[QContinuum1]

I'm betting on the former. I think topline is going to be awful and as a result bottom line got measurably worse.  They naturally don't want to speak to it because that would be just hard and maybe they already know there isn't any analyst interest so why bother. The more I think about it, especially in combo with Strachan's new venture, the more I think it was an ouster and

[Lemoyne]

As stated by other people, they have done cc even when revenues dropped from 40+M/Q to

[Lemoyne]

QC, what will you make of it if Q3 has positive EBITDA?

[Lvlchange]

Too many rumours. 

[QContinuum1]

They were within a breath of it last Q, so what I make of it is much ado about nothing.  If topline has flatlined, then breakeven doesn't move the SP needle apart from confirming that the cash runway is a bit longer which has been long priced in IMO. I'd be happy with an equity stake from a big player (say pharma) or a takeout >$1.  Anything other than that, I won't be

[Lvlchange]

https://www.investopedia.com/terms/e/earnings-call.asp

[Lemoyne]

What I meant was: How do you interpret LABS cancelling cc if earnings are ok/ good. The reason you state they might of canceled cc is negative earnings report. What if EBITDA and other measures stay flat or trend positively?

[QContinuum1]

Understood, and ya, I'm a wet blanket, so I don't see it positively.  Flat topline isn't positive to me, not with international markets frothing, and bottom line neutral (plus or minus zero by a hair) also isn't positive for me. That said, if they do surprise and the income statement shows significant positivity from top to bottom, then I grant you, canceling the call would

[alleyesonme]

They've always held a CC even when the numbers were disastrous...IMO big news pending...buyout or merger IMO...purchaser wants hope facility included..dropping the News before or on Thursday..speculation..but something is up..going to be an interesting week.  

[subaru1]

These CC were useless, they were putting in words what they wrote in the qrt release so what. As usual here there is speculation based again nothing, just pure speculation of a buy out or an acquisition, these are absolutly no raison to cancel a CC.  If the revenue exceed $11,5 millions for the 3 qrt it will be good, we might be surprise and may be not on the good side. We will find out in