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Reliq Health Technologies Inc V.RHT

Alternate Symbol(s):  RQHTF

Reliq Health Technologies Inc. is a Canada-based global healthcare technology company that specializes in developing virtual care solutions. The Company's target markets include virtual care, long-term care and big data. iUGO Care, the Company's platform, is a software as a service solution that supports care coordination and community-based healthcare. 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, remote therapeutic monitoring and wound care. Its behavioral health integration service supports patients with any mental, behavioral, or psychiatric health diagnoses by integrating mental health, psychiatric care, counseling, and addiction services with primary care.


TSXV:RHT - Post by User

Comment by lighthouse123on Mar 29, 2018 8:30pm
97 Views
Post# 27806464

RE:RE:RE:RE:we are in a new launchpad. people cannot see it

RE:RE:RE:RE:we are in a new launchpad. people cannot see itDo you not realize how vague your reasoning is? You are not voicing difference of opinion. You spent 4 paragraphs repeating the question "what will the market size be?".

You also skipped over most of my points.

You have no idea or done any analysis on the market share is.... For all you know, Reliq might have already took over the entire market and that's it.

Also, I didn't say anything about market size. Reliq's technology is easy to build. Another competitor build a better web app and take the rest of the market. At that point, it doesnt matter how big the market size is, patients will move to the better built one.

At this stage, Reliq could have easily go through several quarter and becomes insolvent. At that point, there wouldnt be any company trying to take over.

Think rationally and consider material consequences. 


rljp wrote: What is the potential market size? 

5 million?
10 Million?

And we need what percentage off that? 

There will be competitors. We are in the early adopter phase of all this. There is a product life cycle to go through and it will be rapid with competition. But its the market size that defines things here. 

And the hiring of sales staff with experience in the field will help out with what you bring up of concern. 

Time will tell but the market size for the service is large and is growing in multiples simply by demographics. 

Will there be enough for everyone? I think so. Consolidation of companies will come. Either RHT is the one taking over or its taken over. time will tell. 

And I am not critisizing your concern just providing  difference of opinion in the size of the market and what a small percentage of that RHT requires to be highly profitable. 


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