Quipt Home Medical Corp T.QIPT

Quipt Home Medical to Participate at the Sidoti Virtual

[SBAASTOCKS11]

CINCINNATI, June 10, 2021 (GLOBE NEWSWIRE) -- Quipt Home Medical Corp. (the “Company” or “Quipt”) (NASDAQ:QIPT; TSXV:QIPT), a U.S. based leader in the home medical equipment industry, focused on end-to-end respiratory care, today announced that members of its management team will host a webcasted presentation and participate in 1x1 meetings at the upcoming Sidoti Virtual Investor Conference on June 23rd – 24th.

Webcasted Presentation

Event:	Sidoti Virtual Investor Conference
Date:	Thursday, June 24, 2021
Time:	9:15am (ET)

The live webcast of the presentation will be available by visiting the investors' section of the Company’s website at www.Quipthomemedical.com. The webcast will also be available for replay on the Company's website following the event.

“With the successful completion of our Nasdaq listing behind us, now is the time for us to be active in sharing the exciting Quipt story with U.S. based investors in order to expand our shareholder base. With the most advantageous regulatory landscape in a decade, continued operating momentum, and strong organic growth, we could not be more bullish about the outlook for our company. Furthermore, we have a full pipeline of acquisition targets including larger opportunities that would provide us the ability to have a very active second half of the year,” commented Greg Crawford, CEO, and Chairman of Quipt.

https://www.globenewswire.com/news-release/2021/06/10/2245177/0/en/Quipt-Home-Medical-to-Participate-at-the-Sidoti-Virtual-Investor-Conference-on-June-23rd-24th.html

[Carlito3311]

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[lscfa]

The investor road shows may be to get the stock price up because with a larger acquisition the co. wants to purchase with part cash and part QIPT stock.  Co. would have been better off managing the faulty perception created by the bogus $0.43 loss per sh. reported last qtr.     

[Carlito3311]

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[jtmoney]

Also, why would mgmt have diluted everyone at $1.15 if they didn't have plans to use the money sooner?  They should have raised half as much at $1.15 and then raised more in the $2 range as needed.  Jmho 

[Carlito3311]

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[ol_griz]

It's altogether too mysterious.  I doubt they had no plan or pipeline when they - loudly - touted it.  Something interfered with what they expected to happen because, as you say, the raise, or its size, makes no sense otherwise.  Management does not want to show all its cards, but we deserved some explanation if developments were not to go as planned.  I suspect COVID

[gibbonsj]

I would think one possible logical explanation for the hold up in small acquisitions is a larger possibly the "transformative" acquisition discussed in cc's is in the works. For that reason it is resonable to think the small tuckins are pushed back to preserve cash for the larger acquisition. This is a good strategy for shareholders. Mr. Crawford has done his job very well thus far

[jtmoney]

You know what else gets the stock price up??? Acquisitions...... They could have been doing smaller acquisitions for the last six months. That would have got the stock price up and it possibly could have made the RS a 3 for 1 instead of a 4 for 1  That's also six months of integration time wasted as well. Get on it Greg...... Glta  Glta