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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 > RHT and Bear Market
View:
Post by EdinColorado on Jun 28, 2022 2:00pm

RHT and Bear Market

Reliq seems to be holding up better than the major markets. Today bears are showing their teeth with serious deterioration in the markets all morning, but Reliq seems to be holding up well.
Comment by classActionHero on Jun 28, 2022 3:34pm
considering what the 1y high was, it would be nice to hold here for awhile, and into Q4, pop like a mofo :P
Comment by EdinColorado on Jun 28, 2022 5:30pm
That would be nice if it acted like other stocks and rose after consolidation. However, if the past is key to the future, with Reliq the big gains in stock price come as punctuated explosive events. The decreses generally obey a gradual decline over longer time periods. To get the explosive gain at this time Reliq MUST SHOW PROFIT. I feel like a broken record saying this so often on this bullboard ...more  
Comment by 3burtc on Jun 29, 2022 6:25am
Lol! Such high standards for basically a startup. Sticking to the game plan hey? That's ok, drop the price, bring it up pennies, one year from $120 million run rate. Glta, thank you Lisa for being such a great leader. Now I'm gone for good.
Comment by GustheGreek on Jun 29, 2022 6:58am
See ya.. I'll pick up those shares, gladly.
Comment by 3burtc on Jun 29, 2022 8:00am
The stock is worth $9 now and i won't sell until the the sold sign is up. I'm just not posting.
Comment by Invester123 on Jun 29, 2022 9:36am
Even with all of the risks that come with it I still think that Reliq is grossly undervalued. If anything, in this unstable economy, looming recession and all other uncertainties of this world Reliq has one of the most stable and predictable business plans that I've seen in the long run! It is not affected by the fuel prices, interest rates, consumer confidence ets.. So I would say that it is ...more  
Comment by 3burtc on Jun 29, 2022 10:07am
There's no recession expected until 2024 but I do expect institutional investors to continue to hamner reliq until it's sold. Definitely no listening on the Nasdaq.
Comment by Invester123 on Jun 29, 2022 10:27am
You mean until the company is sold?
Comment by Invester123 on Jun 29, 2022 10:44am
Strategically speaking, uplisting on Nasdaq would make a lot of sense even if it would require a reverse split. It would attract the necessary attention from the institutional investors as well as american investors. But the company as a business would have to be ready for it first. That is why I said that it must show profitability and only then aim for the uplisting. Whether it would have to do ...more  
Comment by 3burtc on Jun 29, 2022 11:07am
Institutional investors will not want a reverse split but are also keeping the price from rising, so no listing. Keep in mind Lisa has sold every company she's had at 30 times revenues. Hey why did mr. Micro cap say he moved out of relrq when all he did is move them to a different account?
Comment by mjh9413 on Jun 29, 2022 3:59pm
Hey 3Burtc, want to back that comment up with Name of company, Lisa's position, annua l revs at time of purchase and sales price, perhaps even name of buyer. I cannot see that you even have the data beyond company name. Prove me wrong,please. Guess you have whatever already so how about by end of this week?
Comment by lscfa on Jun 29, 2022 8:01pm
Total BS. Vitalhub was purchased for $1 million or 2 x revenue.  See image.              
Comment by lscfa on Jun 29, 2022 8:16pm
Make that 3.7 x revenue......
Comment by 3burtc on Jun 29, 2022 8:34pm
Oh my gosh, not used to your negativity ica, but ok and Cognizant probably doesn't care either. But hey, no takeover, just protech reincarnated as reliq. Everything seems identical, even the blogger with the many aliases.
Comment by EdinColorado on Jun 29, 2022 10:44am
Your comments offer the same reasoning I had in making the decision not to have sold it. Another is the fact that management is actively and consistently accumulating contracts required to move it to the ability to show profit. The risk here isn't like that of investing in a mineral exploration company where it is all largely speculation on an unknown that a source of profit will be discovered ...more  
Comment by teeswater on Jun 29, 2022 12:28pm
Extremely painful. Finding it difficult to feel positive about the Co. Way too much pumping for the very slow crawl to becoming profitable. Hopefully next ER will get us there, or at least the end of Nov ER. Surely, they have a plan. I am betting that Nasdaq listing will be delayed until mid 2023
Comment by Invester123 on Jun 29, 2022 3:20pm
I think at this point out of all the companies in this space Reliq is the one closest to breaking even or showing profit. Niether Well, DOC or TDOC are anywhere near profitability. So we should be the first one out of the woods. Hopefully by the end of the year..