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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 > Credit Facility News
View:
Post by pirateinvestor on Feb 28, 2023 9:54pm

Credit Facility News

Someone please explain to me why SQI post this news..  They extended the credit facility on Feb 6 and three weeks later it is extended again..  Why ?    

Since the acquisition of PBI it has been extended multiple times now.. Just do not get why this news to be the latest news of this company ?

I am awaiting the mid-feb rollout of the antibody test etc. from their investors presentation ?   
I am awaiting Q1 results to be posted last week ?

My spider senses tell me something is not right.. 

PI
Comment by Bluesea on Feb 28, 2023 11:15pm
Perhaps it's the opposite. This release mentions that they are working with Clariti Strategic Advisors Inc.  to identify potential new sources of financing.  This could also be positive depending on what ideas get implemented.  It may be worthwhile to review Clariti's services. Very informative website.
Comment by MrDales62 on Mar 01, 2023 7:01am
Keep kicking the can down the road until they get revenue? Too many shares outstanding here, rollback coming, IMHO. GLTA
Comment by Tapps21 on Mar 01, 2023 10:06am
Definitely a roll back coming. The company stated that about a year ago. Hopefully hits a buck before it does(fingers crossed) wink wink. 
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