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by Stockwatch Business Reporter

The TSX Venture Exchange gained 4.23 points to 746.67 Friday, ending the week up 18.76 points. Roger Dent's halted capital pool shell, Quinsam Opportunities I Inc. (QOP), has signed a definitive agreement for its acquisition of Toronto medical software company Vitalhub Corp. The acquisition will serve as Quinsam's qualifying transaction. The shell has also submitted a filing statement and received conditional TSX-V approval for its QT. Quinsam, which has nine million shares issued, will issue 13,878,588 shares to Vitalhub's sole shareholder, Dan Matlow and Brian Goffenberg's 2514987 Ontario Inc.

Vitalhub has an app called VitalHub Chart, which doctors and nurses use to access patient information on a cellphone or tablet. The app is free to download from the Apple App Store, the Microsoft Store and Google Play. Vitalhub generates revenue by licensing its VitalHub Chart server to hospitals. In the first half of 2016, it lost $451,517 on revenue of $217,600. In the full year 2015, it lost $1.84-million on revenue of $548,130. Currently, its customers include the Provincial Health Services Authority of British Columbia, which has a five-year contract (until 2019) to use VitalHub Chart.

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