Perspective. Hi everyone,
Been a while since I've posted. Ive been in Reliq for about a year and a half now. I got to say reading this forum for the last little while has been mentally exhausting. I used to enjoy coming here to skim through insightful posts to hear people's perspective on the progress of the company and what not. Like a few have mentioned below I can't 'understand' why some people choose to stick around and continuously talk sh*t. I'm as frustrated as everyone else is for getting burned a while back, but if you have sold your shares then just move the hell on, if you still own some I'm assuming you want to actually see the company do well, so post some meaningful posts instead of petty little comments and arguments with other posters.
As for my updated POV on the company, I find myself saying somethings got to give soon. Definitely seems that the future in the near term (3-6 months) could be very bright based on all previously announced NR's and contract wins. What's recently reinforced my confidence is the updated and sharp looking website for Reliq and IUGO health. As well as Lisa purchasing $50,000 of shares on the open market. I've been in contact back and forth with IR getting a feel for where they might be today along with extensive DD, and I think they are finally starting to see revenue come in Accompanied by increased demand in their product, which is why I think Lisa purchased more stock.
All of that being said, it's hard to be confident about actual on-boarding progress until we see the numbers, based on everything that has happened in the past you have to be skeptical and I think that shows in the current share price today. Didn't like seeing the share count go up recently. I really think the next 3-6 months is a breaking point for this company, missed guidance and continuous lack of execution from contracts to revenue has really hurt the share price. Regardless of the pandemic, we should be seeing some real exponential growth in the next ER if they are even pulling off even 1/5th of all their previous announced contracts.
I think we are finally getting to a stage where somethings got to give. If they are truly 'turning on the tap' as Lisa once put it, then we are going to be laughing at how low the share price is now knowing we could buy more. But if they stay flat revenue wise then I think it's time buckle up because we are all going to hell. Excited to see revenue and accts rec next ER
just my 2 cents
cheers longs.