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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 Takeactionnowon Apr 10, 2020 12:46pm
140 Views
Post# 30897376

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Expectations

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:ExpectationsMost posters on the board, Hope4 included, understand that what will drive the company (and its stock price) forward is onboarding numbers and growing revenues. We have been told by the company that this would be happening in April, although to what extent the pandemic has negatively impacted this is at present unknown by us. The other thing they have indicated is that, going forward, more reliance will be placed on revenues achieved rather than patient numbers. This makes sense, since revenues per patient are now highly variable with the various contractual arrangements in place.

Hope4Best779 wrote: It is not negative nonsense. They have disclosed very little to investors in terms of how many people they are onboarding to their system. Actually they came out with quarterly financials a few weeks ago and didn't disclose how many they had onboarded. A few years ago they said they had onboarded 10,000 but it turned out to be a mirage. I also believe they said they would be cash flow positive by the end of the year. That did not happen. They don't seem to be close to that when I looked at the financial statements.


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