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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 ryang999on Jul 16, 2021 8:35am
138 Views
Post# 33558283

RE:Todays news is a positive but raises a quandry in my mind

RE:Todays news is a positive but raises a quandry in my mindIt's very confusing and self contradictory if you scrutinize their NR. They keep saying they have a backlog of 200k, but then what have they done to accelerate the onboarding process? Nothing. But when the CEO is pressed why they have a backlog but have done nothing, her answer was its not up to them and it is up to the clients. Then this can not be called backlog. Until the clients decide to start the process, you don't really gave the patients. You can call this something in the pipeline at best as at the end of the day, the client may decide not to start the process at all. Secondly, they did not mention the break even or profitability at all. That is a bad sign. One rotten carrot dropped dead on the ground, the only carrot dangling is 2mm month run rate in December. Sigh.
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