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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

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Post by Jenser on Sep 28, 2023 2:12am

Lying Lisa

As per July 31st, 2023 Corporate Update: 

The Company: 
Does not expect to need to raise capital or take on debt to fund operations.

(Note the bold 'not' as to emphazize the statement.)
Comment by Heyduu on Sep 28, 2023 5:31am
Now everybody knows everything about her. This action nails it. 
Comment by HobbyInvestor1 on Sep 28, 2023 7:38am
Yea, That's a real kick in the nuts..:(
Comment by SISBOOMBAH on Sep 28, 2023 7:57am
The privte financing would suggest, Reliq did not collect enough receivables to cover expenses.  Or Reliq does not have enough money to hire new people to manage growth from the EXPECTED new patients.  Or Reliq needs money to pay back the medical devices supplier.  Or Reliq needs money to pay the auditor.   Did Lisa address this during the Maxim Conference?
Comment by Mitch43 on Sep 28, 2023 9:09am
After the 2 recent issuances of around 500k new shares... it would rather suggest the co is still not profitable or viewed from a different angle, its main earnings still come from investors/shareholders money. This heralds in my opinion a SP return to the 0.20 to 0.30 cad range or something even worse... It's going to be interesting to see what all the Reliq' affiliated pumpers of the ...more  
Comment by theinvestor22 on Sep 28, 2023 9:28am
Since the July 31st update you mentioned, the company has signed contracts which have the potential to add well over 350,000 patients to the platform, which is a lot.  In fact, that's more in two months than they've announced in the previous 4 years.  So, things change. And, it seems with their current trajectory they're likely to keep up the pace of signings going forward. ...more  
Comment by Mitch43 on Sep 28, 2023 9:50am
Interesting point from the Grand daddy of all Reliq affiliated pumpers... "...the company has signed contracts which have the potential to add well over 350,000 patients to the platform, which is a lot." "Potential " has just the meaning one choose to ascribe to it. Same with all the blah blah blah from the CO IR, because if the CO had become highly profitable as stated by its ...more  
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