Quipt Home Medical Corp V.QIPT

Primary Symbol: T.QIPT Alternate Symbol(s): QIPT

Healthcare

Quipt Home Medical Corp. is a home medical equipment provider. The Company specializes in improving the home management of chronic illness through the application of telehealth systems and automated distribution. It provides in-home monitoring and disease management services, including end-to-end respiratory solutions for patients in the United States. It offers nebulizers, oxygen concentrators, continuous positive airway pressure (CPAP) and Bilevel Positive Airway Pressure (BiPAP) units; traditional and non-traditional medical respiratory equipment and services, and non-invasive ventilation equipment, supplies, and services. The Company's product offerings include the management of several chronic disease states focusing on patients with heart or pulmonary disease, sleep disorders, reduced mobility, and other chronic health conditions. Its products and services consist of sleep apnea and pap treatment, home ventilation, daily and ambulatory aides, and respiratory equipment rental.

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Quipt Home Medical Corp > You were warned this might happen by Carlito and I....

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Comment by lscfaon Aug 10, 2022 9:04pm

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Post# 34886963

RE:You were warned this might happen by Carlito and I....

Retire of the debentures paves the way for a larger credit facility, dumbass.....

besttobe wrote: That the dilution of millions of shares being issued, as a result of conversion and possble sale of them once there are finally issued approx 30 days from now, would cause selling presuure. IMO

Also they lack cash and will have to pay interest and other cost to convert the debentures. They will also have to sell shares to pay any withholding tax. IMO

Also VMD and Adapt took quite a hair cut, due to poor financial performance due to inflation. Quipt is not immune. IMO

Lastly, again they need cash and the increase in the LOC has not been finalized. Thus a possible financing may be required. The market doesn't like uncertainty.

GLTA