Bullboard - Stock Discussion Forum Reliq Health Technologies Inc V.RHT

Alternate Symbol(s): RQHTF

Healthcare Medical Devices

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

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TSXV:RHT - Post Discussion

Reliq Health Technologies Inc > California contract

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Post by Tdcpigc on Jul 16, 2021 5:12pm

California contract

Cal contract represent 500 clinics, 5000 physicians and hundred of thousands patients.

At first sounds an excellent catalyst for stock and CEO promise an update soon after PR release and ... no news.

Rarely see a such badly managed stuff regarding investors communication, if no plan to provide update on such large contract do not say it !

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Comment by Jamesedgar1 on Jul 16, 2021 5:45pm

crossley has gotten away with Bull Shite for a few years and likely longer, why would she stop now? If Reliq survives and thrives it will very likely be in spite of, and not because of her! IMHO... She must have read "the art of the deal"....LOL.... GLTA...

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Comment by lscfa on Jul 16, 2021 6:50pm

Contract, schmontract. Reliq commits to a price for offering the service. The client commits to nothing. A client could walk and go with another competitor and Reliq could do nothing about it.

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Comment by theinvestor22 on Jul 16, 2021 10:30pm

To expect a client to force its patients to take Reliq's service would be kinda dumb, right? And probably illegal, right? After all, it's the patient who is in control of his/her own health and must agree to take the service. The best that can be expected is for the client, after having done its own due diligence and after having selected Reliq as the best provider, to ...more

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Comment by lscfa on Jul 16, 2021 11:49pm

Clients commit to nothing so reneging on the contract has no impact. Clients may not walk once they have started onboarding patients but they could walk before onboarding starts. Maybe the California client has changed its mind and so no onboarding yet because the contract is dead.

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Comment by theinvestor22 on Jul 17, 2021 9:37am

I don't know the terms of each agreement, but it would seem possible a client could walk before onboarding commences. In a general sense, however, after having done their due diligence and after having selected Reliq as the best service provider, it would appear unlikely a significant percentage of clients would walk. Overall, I don't get that kind of vibe from the health care ...more

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Comment by Robot007 on Jul 17, 2021 12:25am

Agree with u, 100pct. Doing bussiness is very different than stock holder. I always ask people to sell stock if you don't like company or complain to Ontario SEC for lying.... pls don't create negative environment, but fix things if u can...

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Comment by Tdcpigc on Jul 17, 2021 7:01am

Realize a funny point in last WSR interview CEO claim Cal contract 500 clinics, 5000 physicians ... in PR related to contract 50 clinics ans 500 physicians ! Is she really CEO of Reliq or just an actor they hired for interview from her basement ?

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