RELIQ UPDATE 03-05-2024 SEE BELOW MY COMMENTS FOR THE EMAILJust received this email from Investor Relations.
What is interesting is that they said weeks ( so probable at the end of march). As well when they mention that the CTO will be lifted one week after the FS are released. I take that to meanm that the Financials will be really ( a lot of restating of pervious years) bad .But no one will be able to trade for one week. Then when that week is up they will probale release much improved Q1 and Q2 2024 figures. These new Quarter results will appeaseand the negativity from the Financiald that would have been released one week before.
Things will get better slowly but we will see a much improved SP .
Good luck to all !
Hello ,
Thank you for your interest in Reliq. The Company released 3 press releases in January and one in February. It is business as usual during the CTO. We continue to provide services to patients, add new patients, bill and collect payments, add approximately 1 new doctor a week and have several large opportunities in the pipeline.
The Cease Trade Order is due to the Company filing the late filing of the annual financial statements. The Company does not have a definitive date for releasing the financials but it is expected to be weeks and not months. The Company is making progress and expects the last remaining items to be completed shortly. The CTO will be lifted approximately 1 week after the financials are submitted.
Best Regards,
Reliq Investor Relations