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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 mingzhuon Oct 10, 2023 1:43pm
100 Views
Post# 35677355

RE:When did Reliq decide PP financing?

RE:When did Reliq decide PP financing? after Sept 7, shorts have increased dramatically when they picked up the financing signal. I expect next short report be down. 
Symbol Issue Name Shares Net Change Date
$RHT.V RELIQ HEALTH TECHNOLOGIES INC. 3,851,910 2,234,530 30 Sep 2023
$RHT.V RELIQ HEALTH TECHNOLOGIES INC. 1,617,380 178,253 15 Sep 2023
mingzhu wrote: It was between Aug 17 and Sept 7 Reliq decided it no longer could handle incoming clients with same number of stuff.  Here are proof:

Aug 17 PR :"The Company expects to add over 5,000 new patients per month to the platform by the end of 2024 through these new contracts, generating revenue of approximately $65 per patient per month at 75% gross margin.”


Sept 7 PR:"We expect to add over 3,000 pediatric patients to our iUGO Care platform by Q2 2024 through our existing contracts with home health agencies in the State, at an average revenue of $50 per patient per month at ~70% gross margin. Onboarding will begin next month.”


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