Reliq Health Technologies Inc V.RHT

expecting news tomorrow after US holiay

[mingzhu]

eom

[Bucketshop]

With ALL the US holders of this PIG, it was prudent to wait that extra day. Laughable. 

[Reggie1]

As I was saying its a company culture of hide and decieve. Inculcated in the organization.  One has to ask if the numbers were going to blow the markets socks off would they not be placating with an NR thanking everyone for their support and just hold on its coming?  No NR is sticking the middle finger up at the market and you piXX off the market it punishes you.  What you want

[kusio1]

This is not a business. It has all indications of pump and dump scheme that's now on life support. No amount of people being replaced changes that

[Reggie1]

All the contracts etc I cannot see that as all being false. I think its just the accounting of it all with regards to being paid which is pretty evident by basic finance and looking at the Balance Sheet and Receivables. You can't have 2 year payment terms and not have first of all concerns about future cashflow and second of all...allowance for doubtful accounts. This is where I believe

[longerterm1]

Crossley could possibly advise them to use the same Spanky's playbook of pure bullshit, pumping and phoney promises she's very likely used all along, in hopes the share price rises so she can dump it at a higher price now that she's hiding in the weeds! It's worked well for the Orangutan and his pied piper followers at least until this point!

[ol_griz]

Agreed, but with their record of obfuscation and misrepresentation or incompetent management of the business, can they be trusted to hire such a person?  Even if they recognize that it's necessary, do they dare do it and more than likely get themselves fired?

[Reggie1]

Its strategic leadership. You have a vision and you manage that vision. Sometimes takes a partnership as the visionary is out there and someone needs to be in control of operations and the game plan to move forward. Sustainable businesses. Apple, Microsoft, JP Morgan Chase, Amazon, Google, etc.  As I said previously any finance person would be looking at 12 month and 2 year revievable terms

[ol_griz]

Interesting.  Your view of management would seem to be more sanguine than mine, currently. I've given them the benefit of the doubt or at least tolerated it for too many moons now. No longer.

[mingzhu]

If a company releases market-moving news, some of shareholders cannot trade on it, it may get into legal trouble.