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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 > What is in Lisa’s calculation before Q4 on Thursday
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Post by Aei773ou on Oct 27, 2020 2:50pm

What is in Lisa’s calculation before Q4 on Thursday

With detail analysis word for word into the PR this morning here are the most probable facts behind:

1. Q4 financials is terrible. Visibility in future revenue is still uncertain. Company urgently need something good in the webinar to save the day.

2. Company is running out of cash seriously enough to jeopardize more partnership in the making. Potential partners, seeing a near folding RHT, raise doubts about alliances. Company has the need to show healthy financials backing for more alliances and so to achieve target pipeline.

3. Company has no better alternative and turns to existing partners for help. Thus strike a deal with  PP @ 0.225. Company does not have much bargaining power with sp close to 52 week low and a terrible Q4 to tell on Thursday.

4. Company believes sp could rise to 0.5 in less than two years when all 4 partners have finished  onboarding. Reasonable time set to exercise warrants @ 0.3.
Comment by knicksman on Oct 27, 2020 2:55pm
Stop over analysing. It really is a lot more straight forward than most would think.  COVID has slowed the ramp in onboard. Q4 will be nothing special. But as stated in a number of releases, the onboarding is picking up. Q1 and Q2 will be decent. Everything beyond Q2...might be great. They need to clean up the balance sheet before ramping more quick. IT HAS BEEN THE SAME STORY FOR MONTHS!!  ...more  
Comment by knicksman on Oct 27, 2020 3:07pm
To go a step further, I think what they did was intelligent. Obviously, I don't know what the results/guidance will be tomorrow -- so I am reserving my final judgment unil then. But, in reality, I think Reliq needs $4m to $5m in capital to clean up the balance sheet and fund the upcoming growth. Any buyside shop would know that. And, because of that, a lot of money has been parked on the ...more  
Comment by TicTacTo on Oct 27, 2020 3:08pm
Got doubt about RHT but 50 cents should come soon not in 2 years. Either they onboard in the coming months either they collapse. 4. Company believes sp could rise to 0.5 in less than two years when all 4 partners have finished  onboarding. Reasonable time set to exercise warrants @ 0.3.
Comment by DonnieAzoff12 on Oct 27, 2020 3:48pm
You must of gotten KPMG to forward along the financials to ya to make that post hey? Please share with the group if so. Knicksman is stating his opinions just like everyone else, you are saying you know what's happening and whats gonna happen. Do you work for Reliq? Go away 
Comment by Aei773ou on Oct 27, 2020 7:11pm
So Donnie and knicksman belong to the same type of people or same person - they think it is okay to shut people up. No, punks. We are all entitled to give opinions here. So learn to respect others.
Comment by mjh9413 on Oct 27, 2020 3:49pm
I reckon this should be seen as a kinda vote of confidence. RHT must have the continuing COVID_DELAY excuse but have no idea what revenue and resulting receivables will look like just now. My major contention remains there is still a need for a seasoned CEO to take charge and give the Doctor time to do all the activities areound R&D and onboarding with the rest of her staff.
Comment by BuyorSell77 on Oct 27, 2020 10:12pm
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