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Reliq Health Technologies Inc V.RHT


Primary Symbol: V.RHT.H Alternate Symbol(s):  RQHTF

Reliq Health Technologies Inc. is a global healthcare technology company that specializes in developing virtual care solutions for the healthcare market. The Company’s iUGO Care platform supports care coordination and community-based virtual healthcare. iUGO Care allows complex patients to receive care at home, improving health outcomes, enhancing quality of life for patients and families and reducing the cost of care delivery. iUGO Care provides real-time access to remote patient monitoring data, allowing for timely interventions by the care team to prevent hospital readmissions and ER visits. The iUGO Care platform integrates wearables, sensors, voice technology and mobile apps and desktop user interfaces for patients, clinicians and healthcare administrators. The iUGO Care platform provides services, such as remote patient monitoring, chronic care management, principal care management, behavioral health integration, telemedicine, transitional care management, wound care, and others.


TSXV:RHT.H - Post by User

Comment by BigDan44on Mar 08, 2018 9:34am
132 Views
Post# 27681996

RE:RE:RE:RE:Insiders

RE:RE:RE:RE:InsidersAlso insiders don't have to buy shares on the secondary market. They clearly have options issued as recently as January 2018.

"
Jan 16/18 Jan 10/18 Amandeep, Thindal Direct Ownership Options 50 - Grant of options 250,000 $1.12
Jan 12/18 Jan 10/18 Crossley, Lisa Direct Ownership Options 50 - Grant of options 1,000,000 $112.00
 
"

Now ask yourself this.... why would someone go through the trouble of issuing themselves the "right to buy a stock" if they think that stock would tank.

I see "insiders" selling none of their shares and accumulating via options. Just so you know... based on an exercise price of 1.12, if the share price drops below that value, the option is worth $0 meaning, Lisa put in a $1.12 million bet of her compensation that the share price will not dip below that level... 

She also has not sold ay shares of RHT even with the recent run-up. If you have a 5th grade education (or above), you can easily understand that "insiders" are bullish on this stock, else you would see sell offs at the $2+ mark.

Look at a company like MMJ (Marijuana co.) and all the insider sales that occured at $0.60, $0.70, and $0.80 if you want to see a management that does not support their co. (stock is at ~$0.38 now for those wondering)....
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