Reliq Health Technologies Inc V.RHT

CEO of Reliq's Competitor Talks About Covid Impact

[NobleFr]

For those of you who don't know, Accuhealth is a company who stole employees and intellectual property from Reliq back in 2018. They offer pretty much the exact same services as Reliq Health so it is interesting to see what their CEO has to say.

The interesting part starts at 16:05 of the following video
https://www.youtube.com/watch?v=lFHPAgLxq_A&ab_channel=accuhealth.

There are two interesting statements the CEO made in his video:

1)He claims to have grown to the largest RPM provider in Texas within the first year. (I don't know what this affirmation is based on).

2)He says Covid has enabled exponential growth for the company. I hope this applies to Reliq too.

I don't see how AccuHealth could succeed and not Reliq Health since they offer the same services and AccuHealth is sort of an illegal spinoff of Reliq Health.

[Hiddensecrets]

It is SHOCK and AWE strategy. If we look at July to September 2020 of what we know: 2,000 patients signed in July 2020.   If we assume $ 50 per month per patient then it comes to $ 100,000 per month or $ 1,200,000. In August 2020 Lisa buys $ 50,000 of stock on the open market THEREFORE,  I conclude that she is seeing something we are not. I we assume regular 2,000 patient

[rex50]

Accuhealth team lives in Tx and onboard patients themselves while Reliq management team lives in Toronto including onboarding chief who has not come to US for more than 8 months. Many contracts im Fl, La and contracts but no meaningful onboarding by management. Will have to wait for partners to do onboarding and subsequent revenue

[NobleFr]

They both have to onboard patients remotely at this point so I don't onboarding remotely form Canada or remotely for USA makes a big difference.True that there's not been a proof of meaningful onboarding yet. I hope it will come.

[SellHighBuyLoww]

RHT and AH seemingly have 2 very different business models.   RHTs model is to create news releases and ride the price wave, trying to stay ahead of the market, not producing any value in the traditional healthcare sense but can be (or could have been) a profitable strategy for some investors who timed the "news" cycle.  The swings are fractions of a penny a day at best now

[NobleFr]

Wow that was bearish

[Aei773ou]

The ding-a-ling just created today his newest handle and starts spreading his droppings all over the places again. Ignore.

[happy12345]

It is to bad that the dingeling is back we could have nice conversations without the distruction of one ahole