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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 theinvestor22on Mar 12, 2023 8:18am
139 Views
Post# 35333205

RE:Management

RE:ManagementI get it that you're frustrated with progress not meeting expectations, but I don't get why you would make a posting riddled with errors to prove your point.  It makes you look at the very least uninformed and probably a lot worse than that.

- Why would you care what "everyone said" 2-3 years ago.  Didn't you do your own DD?
- Nothing has changed in 2-3 years?  Revenue is 10x what it was 2-3 years ago.  GM% has improved.  Losses have virtually been eliminated (vs. $2-4M per quarter back then).
- Lisa takes a huge salary?  Just check out a few other companies of this size and tell me what you find.
- The CEO only hurts the shareholders?  Certainly you do know what she's doing with her spare cash, right?

You might be taken more seriously if you get your facts straight.

marlinbait wrote: I owned this stock 2 to 3 years ago when everyone said it was a cash cow !
And you know what ? Nothing much has changed in that time. Management 
has done a horrible job of running this company i.m.o. Lisa takes a huge salary.
I guess she feels she is owed a doctors salary while the company loses money. 
And the sharecount.....wow....she diluted the company heavily these years.
Now 200 million share and only 12 million in revenue for 2022 with losses again.

All these contracts they get and where is the money ? 
Lots of news releases, but in the end, another quarter, another loss.

Maybe Lisa should pay herself 100,000 a year instead of over 200,000 a year.
Dont know how many raises she has given herself, but she does not hurt, just
the shareholders. 
We need better mgmt or a replacing of mgmt to a business/profit focused company. 


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