Quarterhill Inc T.QTRH

No more debt

[Tsmith]

Good thing after selling Wi-lan
Quarterhill has paid off all debt and has 100 million and growing working capital
No more dividend payout which means company will have more cash going foward for growth.
If they dont buy Rekor i assume there are some other comapnies thay can buy for under 50 million

[cabbieJBJ]

Where did you read this Tsmith?

[Tsmith]

Q2news release working capital 100 million that is a good thing is it not 

[cabbieJBJ]

There is still debt. About $30M on the loan for ETC. ~$55M in Debentures, although the plan would be for those to be converted to shares before September 2026.  The debt isn't a major issue for me if the business is profitable,. However, you should learn how to read financial statements and press releases. Your post saying "No more debt" is false. 

[Tsmith]

this debbt should have been paid off now after apple and wi-lan sale

[cabbieJBJ]

Not yet, unless you have insider information, which I doubt.  Be accurate Tsmith.

[Tsmith]

i dont have insider information They had 160 million from apple and 76 million from wilan sale that was plenty of money to pay off debts

[Socrates1]

That was two checks or right? One from each sale? Let the good times roll...........

[cabbieJBJ]

Looking at his numbers I'm pretty sure he works in the creative department. If ignorance is bliss, Tsmith must be very happy. Fantasy. The balance sheet doesn't count. 

[Tsmith]

you are right cabbie like you said we are going to be more of a cash machine than wi-lan I like your positve outlook on quarterhill. I am on your side on that and that the new Ceo Chuck meyers is head and shloulders above Jim Skippen no comparison American CEO are all bussiness to make money no messing around thats what i like

[cabbieJBJ]

LOL

[Tsmith]

like you all said the cash from the Apple settlement was to pay vista and remain debt so Quarterhill is well positioned going forward to be cash flow positive new business model 

[Tsmith]

Listen everyone you all should be happy since selling wi-lan they no longer have to pay high lawyers fees and also losing patent cases and having to pay out like vizya that was terrible we had to pay them now wi-lan is no longer part of Quarterhill we don't have lawyers running a business what might have been wi-lan problem in first place now we have chuck meyers a real business man who is