Reliq Health Technologies Inc V.RHT

Jul/aug/sept qtr

[lscfa]

So Lisa said revenues will be double, nearly triple apr/May/jun qtr.  Big f'ing deal.   

2 x 549,825 = 1,099,650    

3 x 549,825 = 1,649,475

[aaaaaargh]

Even more impressive when you realize that they sold devices worth over $500,000 USD in Sept plus all the regular other device sales they should have.   

[Invester123]

I think most people are missing a very important peace of info here.. When she said that there were profitable by the end of June, it meant that they had on boarded 10k patients (at the end of the month). As she had clearly stated, those patients will be billed after 30 days of being on the platform (July 30th), then it takes 60 days to actually get paid so that puts us in to (Sept 30th). So

[lscfa]

The $500,000 US equipment supply contract may not get fulfilled until later this year.... "The Company expects to generate an average revenue of $40 USD per patient per month for this deployment, as well as a one-time payment of over $500,000 USD for supplying devices. Onboarding has already started and is expected to be completed by the end of calendar 2021.”

[mjh9413]

All we do here is look ahead, like for several years now...and this (to use their own words) for a 'rapidly growing company' !!! Not funny. Dare one look ahead, given all the false hope we've heard from them?? Let's see. SaaS revs fy were an astounding $130K and the receivables figure must principally reflect the SaaS billed but not yet received. One can sec that this covers

[lscfa]

  Jul/Aug/sept         SAAS Devices Total Revenue 168,331 1,331,669 1,500,000 Cost 0

[lscfa]

I can't see how this quarter can be profitable. Cash expenses are at least $500,000 per month.  

[ryang999]

If it not, she will come out and down playagain, oh don't look at thus q, nothing exciting, look further down the road, 200k patients in backlog.... Lol

[SupremeNed]

that would be harder to do because now there s an official document with her signature. law suits come to mind if we have a bad result again