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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

Post by Ghostofrljpon Dec 02, 2019 12:01pm
98 Views
Post# 30413487

So....

So....If you read the actual NR stated in your claim for litigation it states the reason for the restatement. 

The company claimed revenue as in a receiveable from clients. 

Clients had billing issues and could not be reimbursed.

Reliq had to restate earnings based on that. 

At the same time they had rogue employees who were trying to steal customers internally and start their own entity. 

Look at the BOD the Medical Advisory Board and ask yourself would LC still be in place if there was a true cause for legal action against the company? 

Would the TSXV compliance not have taken action against the company? 

Its fun to clutter the board with the court case and some might even think they are controlling the share price. My guess is the share price dropped today as OB'd is not where the market expects it.

Mark my words the court case will amount to nothing. As long as it was customers who could not recieve reimbursement then what does that have to do with RHT? 

And I love a strategy whereby one is so daft and I mean daft as in negative brain cells to have a strategy to look to buy into a stock that drops based on litigous issues they are spamming a board with. 

And if anyone who has brain cells and a lot more knowledge than the local nutcases actually thought that this was all material you can bet the share price would be a lot further south than here. 

To finish. I see SH has absolutely no interest in changing anything to make this a place whereby reality takes hold and people with knowledge actually come to share for the betterment of all. This place is simply a nutcase bin. 
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