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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 qwerty22on Aug 09, 2023 4:11pm
97 Views
Post# 35580328

RE:RE:RE:RE:RE:RE:RE:RE:Promises vs Expectations

RE:RE:RE:RE:RE:RE:RE:RE:Promises vs Expectations

So there's two possibilities from 2017. Either they were outright lying or they failed to understand the challenges in this business model. I tend to think the latter. In 2023 they are at least talking around those challenges although with not a great deal of transparency.
 

There must be a big cliff somewhere near Reliq. If it's true there are 500,000 onboarded patients and revenue suggests there is only 10,000 or so revenue generating patients then that's the big cliff. That's where all reliq promises/projections/intentions go to die if you can't convert onboarded patients into revenue generating patients. That's both 2017 promises and if they don't solve the problems now then 2023 promises as well. The best I've got is at least they are acknowledging those problems in 2023. I don't know they have yet found a scalable solution to that problem.


Mitch43 wrote: Excellent, it allows us to realise when comparing  2017 to the present situation that Reliq hasn't grown SP by much when you factor inflation.
2017 share price had already attained 0.79 with less than 10k patients....
As a sharehoder investor... I'm not much interested by what the CO does... I'm more fixated on the SP and volumes variations.

 

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