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Bullboard - Stock Discussion Forum WELL Health Technologies Corp T.WELL

Alternate Symbol(s):  T.WELL.DB | WHTCF

WELL Health Technologies Corp. is a practitioner-focused digital healthcare company. The Company develops technologies, services, and support available, which ensures healthcare providers are empowered to positively impact patient outcomes. Its business units include Canadian Patient Services, WELL Health USA Patient Services and SaaS and Technology Services. WELL Health USA Patient and... see more

TSX:WELL - Post Discussion

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Post by LarryBird on Nov 01, 2022 6:35pm

Worth Noting

HIRE Technologies, a company that WELL's CEO is very involved with is now at 1 cent. Yes. ONE cent. It was at 90 cents less that 2 years ago. 


HIRE has the exact same business plan as WELL. They did the whole " growth by acquisition " game and accordingly to the company have been "executing very well in a fragmented market "

A very large part of their assets were intangibles & Goodwill.


They even added " Technologies" to their name just like WELL to get the " tech multiple ".  Not saying WELL is HIRE but can someone explain how it's possible that a stock goes from 90 cent to 1 cent with the identical business plan and another one will be the "Berkshire Hathaway" of Canada ? 
 

Let's not talk about BBTV which is another disaster ( from $16 IPO to 50 cents ??

Comment by jdsd0517 on Nov 01, 2022 7:49pm
HIRE is the reason I ended up here.  That thing is awful/. Looks like WELL got the escape velocity that HIRE never could.  To your point, the same crew is involved in both, which increases my skepticism.
Comment by brandinvestor on Nov 01, 2022 8:02pm
BBTV, HIRE, and WELL are all completely different businesses, the same business model for one business doesn't always work for the other, Hamed works with many different companies but his main focus looks to be WELL, the last company that was his main focus was bought at a great multiple (TIO).  I can't blame a single employee of a company who's main focus isn't that company ...more  
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