Reliq Health Technologies Inc V.RHT

Silent shareholder

[Efnjesuschrist]

First time posting and I'll try not to make this a habit. It seems obvious that there is a disconnect between what some are saying and what the company is doing. If the reliq haters are correct, why is there so much confidence in Lisa from the industry? If Lisa or the company was incompetent, wouldn't the contracts dry up? They aren't, and if no mention of the Nasdaq in July, probably no intention of listing on it and most likely the company sells to cognizant for 40 times revenues. Any thoughts? If your comment is negative, please provide evidence with your opinions.

[aaaaaargh]

Why don't you be more specific about what you claim "some are saying" so that it can be addressed specifically.  

[Gangsterme]

I am older person, retired at age of 49 an now 76. Amazingly I was able to invest and make money without listening to people online that, in so many cases have no clue when it comes to business. Yes, I worked for a couple of large companies and then started a few small companies myself. Never could I imagine reading comments on sites such as this, and I am willing to bet Lisa has never bothered

[Efnjesuschrist]

Fair enough,  a grenade you keep tossing are the extra shares, but you have no idea why they issued them, do you? It's not because they need money when they are pulling in $5 MILLION A QUARTER. JUST INCASE YOU MISSED THAT,$5 MILLION A QUARTER! Two years ago $1.5 million/year. They are selling the company and rewarding employees with extra shares before the change in control. Why do I

[Bucketshop]

OK i will bite. Please pray tell, what would one have to pay to aqire this GEM??

[qwerty22]

The business model is neither broken nor firing on all cylinders. There's been enough revenue growth to suggest the basic model works. The problem solving and bottleneck fixing could probably be understood as a scal@bility issue. I don't think Lisa has said enough about the success in fixing adherence to know that what they are now doing differently can be rapidly applied to thousands or

[Efnjesuschrist]

So here is the problem,  the assumption that there is a problem. You say the business model isn't firing on all cylinders,  but you have know way of knowing that. If you base your opinions on what Lisa has said, well you might be correct but most likely wrong because of the source of your information. Getting information from someone who can't predict the past isn't credible.

[theinvestor22]

Thank you for posting.  Some folks here are upset with the progress of the company, some think they were "promised" great rewards which haven't materialized and others are apparently at war with the share count.  There's at least one person here who thinks all these counterparties are signing up with Reliq because they aren't obligated to onboard anyone.  Go

[qwerty22]

"Adherence is something big to watch.  Both should be covered in the upcoming update." Problem is the last update threw out numbers (clients adherence rate 20%, reliq adherence rate 70%) which on the surface look like a good fix but there is insufficient detail there to know exactly what that means for the company (or short term revenue growth to be precise). Presumably they

[theinvestor22]

Thanks, qwerty22, for your comments.  Let's see what comes out of the mid-month webinar.  I've written the company before to encourage them to be as specific as possible when it comes to updates.  They have been providing a bit of detail lately, but I do think we need more, especially on the two subjects mentioned.  A preliminary revenue estimate for Q4 would be nice

[Efnjesuschrist]

Relying on an adherence percentage is a humungous mistake if patients onboarded aren't included. smoke and mirrors all the way. So we know atleast 250 000 patients onboarded by the end of June. Let's say 50% adherence. That's a $130 million on an annualized basis. Percentages mean nothing without patient numbers. So either Lisa tells us how many patients have been onboarded or we just

[theinvestor22]

Yes, of course, there are other things than collections and adherence, like... - Number onboarded - Number compliant - Number adherent - Average $ per patient per month in revenue (including the extra from adherence work) - Gross margin % - Extra expenses to ensure extra adherence - Other expenses I think the focus has been on collections and adherence because those are where the bottlenecks are