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Bullboard - Stock Discussion Forum SQI Diagnostics Inc V.SQD.H

SQI Diagnostics Inc. is a Canada-based company that is focused on lung health. The Company is engaged in the development and manufacturing of respiratory health and precision medicine tests that run on its fully automated systems. Its clinical solutions include Rapid Acute Lung Injury Diagnostic (RALI-Dx), lung transplant diagnostics, COVID-19 testing and surveillance testing solutions. Its... see more

TSXV:SQD.H - Post Discussion

SQI Diagnostics Inc > March 11th
View:
Post by politicat on Mar 10, 2021 9:56am

March 11th

The Company has also been informed by each of the Majority Shareholders that such shareholders intend to execute the sales of Shares through a combination of private and over the market trades during the duration of the sales period contemplated in the Sale Notices, which will expire on March 11, 2021.

was trading in high 40s before this press release.  I am assuming ( hoping ) that the share price swoon in an up market last few days will end Friday. 
Comment by Vista5 on Mar 10, 2021 4:21pm
It seems the 3 insiders have only sold approximately 750k shares to date. I would expect to see a filing shortly regarding the exercise of warrants. Because their press release stated they were only selling to exercise warrants. 
Comment by politicat on Mar 11, 2021 9:05am
looking at a 0.39 open bid so maybe the selling pressure is over.   I was close to buying more at 0.33 but didn't as there is not enough attention to informing shareholders of what is happening .  I think the 3 insiders look at it as a private company. They own most of it and fund it so OK. I have enough already.   Let hope for a speedy release of Covid tests to get ...more  
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