Split text with a delimiter and Text Qualifier

I have read an article that spoke about spltting a string for given Delimiter and TextQualifier at codeproject by Larry Steinle. Larry had an example of Delimiter being FULL-STOP and Text Qualifier being DOUBLE-QUOTE.
If you are unsure of what i am talking, conside this. For example, say we have some text test string “example.”.cool!, we [...]