Reliq Health Technologies Inc V.RHT

Alternate Symbol(s): RQHTF

Healthcare Medical Devices

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

Reliq Health Technologies Inc

Bullboard Posts

Comment by Takeactionnowon Jun 10, 2020 10:21am

179 Views

Post# 31132970

RE:Facts from the company

Here is the whole story from RHT.V investor relations (content quoted directly from their email, and verifiable by writing to Scott Fitzgerald at IR@reliqhealth.com):

RHT.V replies to investor questions part 1

Takeactionnow wrote: The only real source of information about what is happening at RHT.V is the company itself. This is what investor relations had to say about the following investor questions:

"Financials in Q1 weren’t impacted by COVID as there is at least 30 days delay from onboarding to charging for services. That means financials only included patients onboarded up to february, which wasn’t affected by COVID.
Another issue that wasn’t addressed are accounts receivables. The jump in accounts receivables was almost as high as the jump in booked revenue. That means company isn’t collecting cash once again. Do you have any insight on why that is the case? Is the company having issues collecting cash same as it did in 2018? What is included in accounts payable?"

Here is the reply from RHT.V investor relations: RHT.V replies to investor questions