Inc. – QHR: TSX V
Nov. 27, 2007 – QHR Technologies Inc. released its Interim Financial
Statements for the nine months ended Sept. 30, 2007. The company reports that
revenues reached $4,121580 for the nine months ended Sept. 30, 2007, with
earnings of $99,684 compared with revenues of $3,380,536 and a loss of $537,080
for the same period in 2006.
Nov. 26, 2007 – QHR Technologies Inc. has completed the brokered private
placement of 3.5 million units at 30 cents per unit for total gross priceeds of
$1.05-million as previously announced in Stockwatch on Aug. 31, 2007 and Nov.
Nov. 7, 2007 – QHR Software receives contract of over $550,000. QHR
Technologies Inc.’s wholly owned subsidiary, QHR Software Inc., has recently
received new contract business from new and existing health care clients in
excess of $550,000.
Our Recommendation – Buy – We recommend
purchasing shares up to $0.50. QHR has
struggled to get their EMR subsidiary company to cash flow positive, and we see
the light at the end of this tunnel coming by Q1 2008.
Ron Rieder owns shares in this
Insiders and /or Control Persons of the
company are clients of Ron Rieder. If you
purchase shares from an Insider and/or Control Person, this will be appropriately disclosed.
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