RE:RE:RE:RE:RE:RE:Slight change in NRs?
Tropicalsun wrote: Qwerty54321 wrote: It can work the other way as well. Sign a contract with a get out clause, do a pilot study, if the results look good continue, if bad cancel. It seems this is how it's structured with at least one of the bigger clients who is testing it in just one part of it's business. Problem for us is I guess Reliq aren't all that keen to share when contracts fizzle out! They don't formally have a duty to update in that way either.
How many of the previously announced contracts are still active is another thing to remain sceptical about.
There is definitely a need to align what was expected from all these contracts and what has so far been delivered. This MIGHT be part of it. If we could get an understanding of the "real" baseline here it would be a good start, then it's the job to understand how they intend to grow from there.
SISBOOMBAH wrote: It seems to me, if I was a physician looking to purchase Reliq’s iUGO platform, before signing a contract, I would request to onboard a few patients, if I like the platform and how patients reacted, I would sign a contract. Comes as a surprise that potential clients would not try the platform before making the decision to purchase or not to purchase the iUGO platform.
HERE, HERE, I second that. It's called being transparent, not because you have to be, but because you choose to be. Are you reading any of these posts Chris Sheilds? How about the IR puppet Scott?
I wasn't really asking them to be more transparent. I was just pointing out that they'll message the good news and leave us to workout (guess) the bad news. I'm guessing contracts have fizzled out, I'm guessing it's part of the story of why revenue hasn't grown with the same pace as signed contracts. But it's not all bad news. They've signed enough contracts to give them enough patients under contract to allow large numbers to be onboarded and to allow them great flexibility in optimising adherence.
Certainly the earliest contracts must have died, who remembers flying doctors in Australia?