QHR Technologies Inc. – QHR: TSX V


Latest News

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. 16, 2007

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 company. 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.

Ron Rieder
Canaccord Capital Corp.
17th Flor, 609 Granville Street
Vancouver, BC, V7Y 1H2