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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 Aei773ouon Jul 20, 2020 3:13pm
97 Views
Post# 31291958

RE:RE:The market already decided NO GROWTH in next 6 months

RE:RE:The market already decided NO GROWTH in next 6 monthsThanks for the response. You pick 3 months or 6 months more from here which as per my way of thinking is ultimately decided by any preliminary updates before Q3 and their contents. Lisa should have enough information and feedback from the agents since March to identify how good business can turn out. Four months are gone and another 3 months to the end of October is to me sufficient enough to test the performance of the agents. More time cannot change the need and eligibility of their pool of patients. 

Canadian_101 wrote: I agree with you but would add that is most likely 6 more months before we really see any major activity, 3 months should give us some idea but 6 months will really tell us if indeed they are going in the right direction, i.e., are they adding paying customers who are using their services thus growing their revenues.

One would think that if all is going well and according to plan they would be eager to provide a  update of some sort  just to put investors minds at ease, kinda like what PTQ just did.

Good luck to all and good luck to RHT as we march forward.



Aei773ou wrote: While some people whine a lot and cannot face the fact here I see right now - live or let die in 6 months after the agreements/contracts take effect. The agreement signed increases the enrolment of agents (healthcare providers) to sell the iUGO face to face with patients. The hidden truth you never know is the many more similar services they have in hand that can be sold. There is no mention of exclusivities terms in the agreements. That the agents may choose to put on their shelves more competitive products is a real possibility when iUGO turns out less successful. Both subscription fees and patients needs affect RHT’s edge in the market. This risk is worth to consider but not yet priced in the sp.

Reading what happens to old contracts in rural Texas with uninspiring sales in the last two years we should put similar measures to recent ones in Florida and Louisiana. If the next few months do not attract substantial clients to onboard then it definitely wouldn’t for that agent’s specific pool of patients any more. To sum it up and mention it again - it is live or let die in another 3 months to the end of October when the management has to open the book.




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