Reliq Health Technologies Inc V.RHT

short report

[aaaaaargh]

up about another 480k to about 5.2 million.

[lscfa]

  2 weeks ending Short Sale Trades % Total Trades Short Traded Volume % Total Traded Volume Short Traded Value % Total Traded Value Mar 30 549 12.6 1,212,317 14.3

[robbie80]

Record 5.2 Millions total shares shorted. Waiting for good news and short sqeeze.

[aaaaaargh]

Or conversely , find out what the rest of us were unaware of and have our asses handed to us........again.

[Nicksonsnowboar]

Volume does not favour the short seller here. 

[EdinColorado]

True. I'm seeing volume between 1/3 and 1/2 of a normal day. There's no liquidation ongoing nor any reason for that to occur, especially after last week's insider buying via exercise of options.

[Invester123]

Well, if Lisa just bought 200k shares at above market price it can only mean one thing.. She KNOWS something good that she is not yet allowed to disclose. So my money is on her! Either something big is coming or the financials will be impressive! Load up ladies and gentlemen the party is coming to us!:)

[lscfa]

Insiders can't trade on non-public info.   More likely she exercised options that were not expiring for another year because the damn co. needed cash.  

[throwin]

Can you imagine having to be around someone so cranky and negative every single day..... No wonder the IR guy went MIA, this troll probably e-mails him every day.  Sell and cry somewhere else.  Here comes  arrrrrrrrrrrrrrrrrrrrrgh.  

[Invester123]

Totally agree! This guy (Iscfa) is the biggest nut case I have ever seen! No matter how positive the news would be he would always find a way to turn it into negative. Very poisonous character..

[Lifeboat1]

As I posted on CEO.ca yesterday that anyone who thinks the CEO exercised out f the money options because the Company needed money doesn't really understand finance.  If the Company needed money, the easiest and best way to do that is just loan the Company the money.  You get paid imterest and if as some people think things are going badly you get your money out first. Also

[Invester123]

Exactly! That's the problem! There are some people here that utter BS just for the sake of flapping their lips.. With no idea of what they are talking about. Pretty annoying!

[Invester123]

Also, Lisa has stated many times now that the company does not need to raise money to sustain their operations as they became cash flow positive by the end of March and today's news about collecting aging ARs is another proof of that. And what person in their right mind (especially CEO) with the inside knowledge of the corporation would put 220k of their own money on the line if they did not

[EdinColorado]

I laughed at that too. If Reliq needed an infusion of cash through a stock purchase, why not buy 400K shares at market price for the same cost as 200K shares at option. Anyway, the announcement today about the contracts also announced that the past payments due are received, so claiming the company was needing cash to keep the company going was the statement of a whack job--maybe a person who

[Eoj123]

You do realize when you buy in the market the company doesn't receive the cash....(you should anyways)

[GustheGreek]

When you "buy in the market" yes you're right. These are stock options that were exercised by Lisa. Where do you think that money went? To the company.

[Sandman852]

    Lisa exercising options at above market might well be bc the company needs cash at this moment. Any company that's growing needs cash to do so and collections / payments are cyclical so at any  given moment cash might be tight for a week a month or whatever based on costs of that growth.      So in no way does her doing this mean it's negative!  In

[EdinColorado]

Agree the move is certainly positive. I think it's more because these were HER designated options and she had full confidence she would make money on them by buying. I've never seen her buy stock in her company and not make money. So yes--very good. However, when she bought, she already knew the past due bills owed her company had been collected--already had infusion of cash.

[GustheGreek]

I agree with you, more than likely the company needed the cash. That's not to say that they're in trouble, not at all. Receivables are coming in, more contracts signed yesterday including Maryland. Reliq is growing rapidly and the sp should start reflecting that going forward. Good time to buy...

[aaaaaargh]

Absolutely untrue that it can only mean one thing.   

[lscfa]

Could be scumbag hedge funds shorting and then approaching co. with offer to do a financing of 5 million units at $0.70 to cover.