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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 Razoriuson Nov 07, 2019 10:02am
142 Views
Post# 30320778

RE:Thoughts?

RE:Thoughts? Warrants could have been exercised for several reasons, some connected. It can be:

1) they did it for the short-term or long-term interest of the company:
a) to get through a tight-cash period (although CEO LC says this is not so - they are approaching cash-flow positive)
b) knowing that this would help decrease the need of a future private placement for expansion in the coming months

2) they did for their own self-interest 
a) made quick 10-20% profit (selling or shorting at $0.65-0.72)
b) they see long-term potential for profit

Don't think its clear cut explanation especially for RHT at this time.
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