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Bullboard - Stock Discussion Forum 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... see more

TSXV:RHT - Post Discussion

Reliq Health Technologies Inc > Franchise way of business already started in February
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Post by Aei773ou on Jul 15, 2020 10:49am

Franchise way of business already started in February

The franchising has been the major marketing development since February:

- Comprehensive Partners for Florida
- Blum Telehealth for Louisiana
- MedTech for Alabama, Illinois, Mississippi & Tennessee

Take note that these healthcare providers sells the iUGO services for RHT.  Since no mentioning of the word “exclusive” in the PR for all contracts these agents then they may also represent competitors of similar service. That can explain why RHT can not provide onboard numbers until the agents tell RHT the sales result (aka subscription to iUGO) as time goes by. We should take what is in the pipeline (500,000+) as a maximum of potential subscribers, not guaranteed in any way, although possible.
Comment by Aei773ou on Aug 20, 2020 12:21pm
Iscfa, I have been pointing this out awhile ago per my post on July 15 as below. What this company is suffering from is the market being not sure if this business model of franchising will be successful.  And there is no track record of these healthcare providers in the role of representing a product not of their own. So new contracts cannot move the needle a bit. Both RHT and it’s ...more  
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