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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 > Market cares little about news, just ears open for tomorrow
View:
Post by Aei773ou on Apr 13, 2021 5:42pm

Market cares little about news, just ears open for tomorrow

Low trading volume tells all - the market and that American traders included has become more sceptical about this company like back in the last few years. Lisa better has something solid to deliver tomorrow for WSR -
California contract,
iDocsweb
recently Orthopedic Practice contracts
iUGO service demo

Lip service on profitability and cash flow positive for these recent quarters has no practical meaning any more to investors who are looking for details and better still with some numbers given to chew on.
Comment by FanofRHT on Apr 14, 2021 12:22pm
Aei773ou - It seems to me that the market generally has lost total faith and trust in Lisa, including some of we long term very patient shareholders. I for one cannot understand why she does not announce actual results regarding onboarding numbers and other relevant information to stock holders and potential stock holders. Could this be a deliberate business decision to keep information from the ...more  
Comment by lscfa on Apr 14, 2021 1:33pm
Co. is not reporting active patient count because it fluctuates with onboarding of new patients and off boarding of patients no longer willing to co-pay for the service.     
Comment by ImpIications on Apr 14, 2021 2:03pm
This post has been removed in accordance with Community Policy
Comment by Lifeboat on Apr 14, 2021 3:01pm
@Ifsca Please do some DD before posting.  Co-pays for these type of program were suspended during Covid so they have no impact. 
Comment by lscfa on Apr 14, 2021 4:50pm
Valuation of stocks is based on long term cash flows, bonehead.....
Comment by Lifeboat on Apr 14, 2021 5:53pm
@Ifsca what are you talking about.  Your comment was on why the haven't provided patients numbers to date (current event) and drop offs due to co-pays was your explanation.  Nothing to do with future valuation. 
Comment by lscfa on Apr 14, 2021 7:01pm
Reliq stopped reporting onboarding no.s long before COVID got here. That's because it's misleading if co. is not also going to report offboarding no.s. and active patients. It's like an app reporting it has 50 million downloads but only 20,000 active monthly users. 
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