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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 Dec 29, 2023 1:10pm
112 Views
Post# 35804210

RE:RE:Red flag?

RE:RE:Red flag?Yes, of course these things apply.  The big one is the delayed financials, but...

Getting sick during an audit is a red flag.  Or it isn't.  Having an interim CEO familiar with the operation is a red flag.  Or it isn't.  Doing a fundraise to improve the balance sheet before you leave isn't a red flag.  Or maybe you think it is.  Buying shares in the open market at higher prices isn't a red flag.  Unless you think maybe she's now selling them at a big loss.

As I mentioned in an earlier post, you can come up with red flags for just about any scenario someone can think up.

My point here is maybe it's best to wait for the actual evidence to arrive before spinning endless scenarios.

kusio1 wrote: Well, you answered your first paragraph with the second paragraph.

It is a red flag that CEO is fleeing during audit that is resulting in 2-month and counting miss in filing deadline.

You also didn't mention in third paragraph that the new CEO didn't arrive, and won't be for months. There is interim in place, that has been supposedly an important person in the operation since 2019 - which means it is up to the ears in **** and was aware with what reliq is doing - and what is currently resulting in filing problems


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