Reliq Health Technologies Inc V.RHT

I can't Find The Post

[Tropicalsun]

from a couple of days ago where the poster said that the ongoing delays had nothing to do with the auditors, that they had what they need. I remember reading that post and thinking to myself, what are you talking about?

It is always a back and forth process where the auditors ask for certain information from the company, because usually they find discrepencies. Doesn't always mean that something is off, but regardless the information asked for has to be verified and corrected if need be.

Now of course in order to verify this information the company and auditor's need to get some of this information from Reliqs clients, makes sense that this could take some time. To be clear I am not defending the company and why things are taking so long.

We all can speculate and we have, some of these previous posts in my view are blatant fear mongoring. Today's news release does shed some light on the process, now we need the data from this audit to determine what lies ahead.

[Reggie1]

That would have been me.  I replied to someone who said the auditors were doing things to sort things out. If you think the auditors are going to clients to get information that is simply incorrect and that is not how an audit works.  There is GAAP and if you do not know what that is then best not to continue. But there are standards to be met based on assumptions and the auditors are

[Tropicalsun]

So just to be very clear and short, I was never singling any of your posts as being fear mongling. I could name names, however it would serve no purpose as I have no interest in time wasting debate. What I do find ironic is the fact that I have never once in the past sent an email to the company IR person until yesterday. I recieved a reply late today, so well after the press release from this

[kusio1]

Why are you assuming the company will be allowed to trade again and 'overhaul' ? Guess that with multiple of lawsuits likely to come down, likely restatement of financials and massive write-downs, you might get about 30s chance of selling off because this goes to 0.001

[kusio1]

And since they are cash flow negative and likely not able to raise cash at 0.001, you know what's coming

[GustheGreek]

What's coming brainiac? Delisting? Lmfao, yeah sure...

[Differentfleas]

Nasdaq listing, Company of the Year nomination, Share Buyback program, Dividends and an ACTUAL Investment Bank with REAL research!!!!!!! And the Cherry on TOP.........REAL institutions investing here!!!

[Bucketshop]

April 1st is 11 weeks away!!!

[Tropicalsun]

And I rest my case as far as one of the fear mongering clowns. Find a life buddy and wait it out like the rest of us.

[Mitch43]

Non sequitur!... Is your atavism for calling people names From birth?! Pity!

[lscfa]

I think the auditors verified all data weeks ago. Then they told the co.  the data must be presented differently. In other words, restate the last 8 quarters. So the damn co. is holding things up as they prepare fins for the last 8 qtrs upon which the auditors can then sign off on it.     Nov 28/23 - "We were able to connect the auditors with the last customer on their list

[Reggie1]

Just to support my comments. "we were able to connect" The auditor does not go out and do the work. RHT does the work and then submits it, discusses or clarifies, connects the client to the auditors for clariifcations etc etc. The auditor then accepts or requests further clarification. The auditor wanted to discuss directly with the client probably beacuse of RHT saying they will do x or