WELL Health Technologies Corp T.WELL

Catalyst

[HotDiggityDogg]

What do you guys think could be a catalyst that could reverse the sell-off trend in the next 1-2 months ? 

I am quite worried that if we are to just wait for 1-2 more Q's and Earning Reports, this stock will sink much further.

[BudFoxx2020]

Austria just went into full lockdown mode and Germany may follow next.  I know it's a terrible thing but it may give the Telehealth sector some life.  Just a general observation, I am not a fundamental type of guy.  Cheers.

[monty613]

lots of catalysts - most of which are in the near-term, in my view CRH acquisitions / expansion MyHealth acquisitions (belive they were looking to expand outside of Ontario into BC/AB) WISP closing (this month) Circle option exercise NASDAQ listing US share offering Wishful thinking - a takeover/merger

[HotDiggityDogg]

Correct me if I'm wrong; but I thought WISP closed in October?  I like your last 3-4 items ... can you explain what US share offering means ? 

[monty613]

you're right - I meant the closing of the remaining ownership interests (WELL only owns ~50% of the company, same with Circle) re: share offering - I mean a capital raise on the US markets once they list on NASDAQ. WELL has filed a $500MM shelf prospectus which can be used for this. they would likely do a share offering in conjunction with a US acquisition (or series of acquisitions).

[HotDiggityDogg]

I absolutely loved the hint by CEO for buying the remaining shares of WISP and Circle. Having that option now when they have proven themselves to be worth acquisitions is just pure genius.  I keep thinking about the negative sentiment on dilution... when you say share offering, does this mean us as shareholders become diluted ? I thought some had commented that going to NASDAQ doesn't

[monty613]

they don't have to sell shares to list on the NASDAQ. if they sell shares, it will be for an accretive transaction - to support CRH Medical likely. it's not dilutive to shareholders if they sell shares to raise money to buy a company, or do some sort of transaction, which is cashflow positive and accretive. on the most recent Q3 conference call Hamed said that the NASDAQ listing will be