Reliq Health Technologies Inc V.RHT

Consistent pattern - explosive gains slow declines

[Ziondog]

The sellers and bashers missed out again. Those of us familiar with RHT's pattern knew rhis was coming. If the coming report is finally grounded in profits this won't be followed by a long decay. Fortunately, this last decay brought things so low there is still time to buy. RHT is already my largest holding. Good luck to those who have hung on through the storm.

[brain1926]

This stock was trading around $2.51 ..i think 2 years back they may have something......non one knows

[Tdcpigc]

Almost two time more shares since $2.51, 1.25 is new 2.51

[Ziondog]

The $2.51 was reached mostly by speculation. The company suffered a steep learning curve on billing and had to deal with an ex employee who recognized their software was valuable enough to try to steal. Company won that battle with ex employee having to pay some damages but avoided prison. If the preliminary word of profitable by end of June is true, we should have a double at least. If not true

[Tdcpigc]

Double for just profitable (=$500K/months), maybe but would mean $200 millions company value so around 20 times expected CY21 revenue  ... very high ratio. Even DOC a Canadian telehealth sucess story is worth 3 times expected annualized revenue run rate in 2021. Strong 2021 expectations with annualized revenue run rate exceeding $120 million and positive Adjusted EBITDA

[brain1926]

“The Company remains on track to reach profitability by the end of June 2021, which is a key milestone for the business. Achieving profitability is the first step on our path to uplisting to the NASDAQ and will enable us to begin the application process. Reliq expects to generate revenues of approximately $11 Million in calendar year 2021 with gross margins of 75% and EBITDA margins of 45% by the

[Ziondog]

Went past 70 cents US on much less substance not long ago.

[Aei773ou]

When the stock begin to lift, from your rear mirror, thanks for your consistent pattern claim, good job! Be a good man and next time give warning early so gain credibility. The stock is Not oversold for a while.........it just got oversold two day ago. The obvious trend has been to suppress the sp until it is oversold and just below the 200 day moving average. Then the PR comes out and not well