Reliq Health Technologies Inc V.RHT

When is Reliq announcing quarterly financials?

[cpac]

Virtually every other Canadian company I follow has already released theirs... very curious to see if the numbers finally confirm the hype...

[AsianBankster]

This post has been removed in accordance with Community Policy

[vitalina2233]

go back to asia.jerk off, what a ladyboy,been saying the same thing for months.ROOKIE  Papi

[theinvestor22]

Year end financials in late Oct, followed by Q1 in late Nov

[teeswater]

Oct fins will not impress much but will show improvement, and Nov fins will show further improvement in revenues. It takes some time to recognize revenue from time of onboarding. The key metric is that revenue will continue to increase, and once it starts rolling, it will snowball. It might be the Feb or May financials that provide the assurance some investors are seeking, but it is coming

[3burtc]

They won't impress???? omg they will be eye popping and probably move the stock so high that we'll be able to list on the Nasdaq the following week. Anywhere from $6 million to $10 million is my prediction.

[teeswater]

If that were the case, they would have announced profitability by now. I predict 3.2 to 4 million

[aaaaaargh]

[aaaaaargh]

So are you thinking that Lisa flat out lied when she said that they were at a 2 million a month run rate at the end of december?

[teeswater]

No, not lied, but she needs to simmer her enthusiasm. Run rate would be 2 mil a month at 40000 patients but investors will assume that that means they should collect 2 mil a month and that wont be the case: I don't know if claims are sent through e-submissoin or through the mail, but any mistake on a form will have to be re-processed and with staff off sick during covid both on Reliq's

[3burtc]

Wow teeswater, you just wasted an hour writing a fictional book. Not based on anything other than your negativity. You need to stick to facts and not what you feel or just making things up as you go. Like it or not, revenues will exceed expectations.

[teeswater]

You are delusional, I would love if I am proven wrong tho'

[FanofRHT]

teeswater    -  interesting thoughtful post, thank you. I feel that Lisa is truly an enigma, she definitelty dances to her own tune and I suspect she is diffiffult to work with. As a long term supporter and investor of Reliq I have pretty well given up trying to understand Reliq's management role and it's consistant poor relatationship and treatment of it's investors

[SupremeNed]

Personally I just want reliq to finally be a profitable company. That on it s own will changed everything

[teeswater]

Yes Supreme, I agree...that would be wonderful and lets hope that is very soon,

[3burtc]

Getting some support from your aliases? How nice. Right now the run rate should be $5 million/month providing they have atleast 100 thousand on boarded. Looking good buddy boys.

[teeswater]

Hey Fan,  thanks friend, I believe in the tech too, but this mngt style is making me queasy

[aaaaaargh]

Even considering things like "2 months for Medicare/caid to pay", that only has to do with cash flow and receivables, and has nothing to do with what should be reported for revenue.  From the last 2 webinars Lisa has said revenue run rate is essentially the amount of onboards multiplied by average expected revenue per user at that moment in time.   She has also said

[teeswater]

Thx A(6)rgh clearly, i don't fully understand  Do you not think that even if revenue is only around 3.5 mil for fiscal yr 4 quarter, that it shows RHT is gaining traction? Anything above 3 mil should keep SP stable, and if above 4 mil, should bump SP up, no?

[aaaaaargh]

It does appear that they are gaining traction, however, those numbers would be nowhere near what they have been guiding towards.   As for what the share price would do on release day, one could look at the past results to see what would happen.   Progress happened, guidance not even close, share price gets hit.   Of course, there are many other factors in play on that

[teeswater]

A: you don't sound too positive about this stock, on here, or on your posts I read on CEO Do you use this as a trading stock and you are not long on it? Do you have any hope that this stock will do well? Seems to me that if rev for FQ4 were good, they would have stated something by now, so likely going to be poor.

[aaaaaargh]

I am HOPEFUL for the long term (define long term? I have had this stock since before the 2018 run up).   But in the meantime, I have certainly been holding a core and trading, and have said so often (especially around financials) I do think they are finally having some success and will do well long term, especially when buying at todays prices, but it is obvious the market doesn't

[teeswater]

Thank you for such a thoughtful response, and I agree, they will do well, but I am thinking like you, gonna play the next financials, however, it get more dangerous heading into Nov fins. I bet we see a big short drop off in November. Also, kinda wondering what happened to the big hardware deal????? I see a poster on CEO sent in an inquiry, lets see what kind of response that person gets. Cheers

[SupremeNed]

hopefully we will get more positive news next week

[3burtc]

Even 3.2 million is exceptional growth but it'll be much better than that. Quite frankly, I really don't care because the numbers in November will crush everything previous. Glta and keep on buying Lisa:)