Quarterhill Inc T.QTRH

A thought

[mrmoribund]

Wilan / Polaris is going into the German court on May 3, I think.

AGM May 8.

Q1 results May 10.

You can sort of see why the market is so edgy on Quarterhill. Not only was the CEO fired but three directors are leaving. If you had forgotten that Gillberry and Skippen pledged to go at this time a year ago and that Stevenson has a history of hopping from one board to another . . . well . . . if you forgot all that you could be excused for wondering if this company is falling apart. If I were to look at a company for the first time and I learn out of the gate that 3 of 8 directors were leaving--whoa!! I would run away. Some of that is probably happening in current trading.

We pretty much know that Q1 is going to be ugly. (Indeed, that guess is only reinforced by the fact that they're getting the AGM done just BEFORE Q1 is announced. Could they have announced Q1 results at the AGM? I'm sure they could have.)

Where am I going with this? From the perspective of board and management there must be some wishing that they can come up with some kind of good news before May 8.

Which takes us back to the German court. I want to encourage Q leadership not to take some subpar settlement with AMD (or anybody else) just to be able to make Q1 not seem so bad.

I'd love some good news pre-May-8 just as much as anyone. But not if it means you'd be letting AMD off the hook for the last $5-10 million.

If a few folks are screaming at you on May 8 or May 10 don't let yourselves be rattled by it. Focus on the entire 2023. The plan is still a good one and the shareholders that matter know it.

[Socrates1]

Good post.... The market you speak of? Usually volume dictate investor sentiment, so on 114 mill share co. a 60 k day in my books does not reflect "The market" .... More like where are all the piissd off investors who are bailing? The volume is so low  that it does makes you wonder  if a stink bid of let's  say $2.25 hostile would satisfy most? ? Right now I am

[cabbieJBJ]

There is little doubt in my mind mrmoribund that things are close to breaking on the strategic review.  Communications with QTRH have gone totally dark on the IP side.  For example, on the German Polaris v. AMD infringement litigaiton on 04-MAY, I have asked, inlight of the infringement action's "Dismissal as Moot" in WDTX, could management confirm that the German action

[mrmoribund]

If you're right then QTRH at $1.35 is the buy of the century. The bear argument would be that we haven't yet seen all the bad stuff that is going to come out of Bret Kidd not having been the right guy at the top. The market really seems to be going for Door #2 right now. But sometimes the market is wrong. Don't know.

[cabbieJBJ]

I don't either mrmoribund.  But I'm not bailing.  From all I read and understand, the tailwinds are real.  The technology is superior.  Contracts are in place.  The challenge is to implement and operate them profitably.  The market is giving zero credibility until there are hard numbers.  That will not be clear until year end, but the trend will be