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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 Qwerty54321on Jan 25, 2024 10:16am
95 Views
Post# 35844855

RE:Nothing makes senses about this company....

RE:Nothing makes senses about this company....

They didn't say they needed to finance to bring in new clients. They said if new big clients came to them (the implication that stage is relatively inexpensive) then they'd need finance to turn their patients into revenue generators. What should they do, turn away new customers?

Adding new clients is a worthwhile thing to do but it doesn't transform the company during this (hopefully) intermediary stage.


Whynottoday wrote: They say they have enough current clients to build out 100 million in revenues. Then they say, they would have to finance to bring in new clients. 

So ok...than build out the current clients to 100mil, generate cash flow , put some money in the bank and show what this thing can do.....

Example...they say they have enough clients, so why expand into Mexico with zero existing presence?

Sorry but nothing makes senses other than they would rather pump about new clients, rather than develope the business in a proper manner. IMO

My opinion. There is no viable business and it is all smoke and mirrors to keep it alive. The only thing that makes sense at this point. IMO.



 

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