Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Reliq Health Technologies Inc V.RHT.H

Alternate Symbol(s):  RQHTF

Reliq Health Technologies Inc. is a global healthcare technology company that specializes in developing virtual care solutions for the healthcare market. The Company’s iUGO Care platform supports care coordination and community-based virtual healthcare. iUGO Care allows complex patients to receive care at home, improving health outcomes, enhancing quality of life for patients and families and reducing the cost of care delivery. iUGO Care provides real-time access to remote patient monitoring data, allowing for timely interventions by the care team to prevent hospital readmissions and ER visits. The iUGO Care platform integrates wearables, sensors, voice technology and mobile apps and desktop user interfaces for patients, clinicians and healthcare administrators. The iUGO Care platform provides services, such as remote patient monitoring, chronic care management, principal care management, behavioral health integration, telemedicine, transitional care management, wound care, and others.


TSXV:RHT.H - Post by User

Post by narmaron Oct 17, 2015 3:40am
165 Views
Post# 24200875

Something you will all notice

Something you will all notice

Right about now you will notice that all the fluffy posters, that have never offered one ounce of DD other than the usual mumbo jumbo non sense riddles, start coming out saying that they made a killing on MSD and have moved on to the next stock.

Then we have some posters that strategically start asking random questions while warning people to sell and comparing MSD to other companies that have absolutely nothing to do with MSD.

The aim to all of this is to try to instill fear in investors that have done limited DD and only invest in stocks blindly based on who says to get in and who says to get out. These investors will temporarily have a negative impact on the SP but if you note the following points, you will know that this recent downtick in SP will be mild (In my opinion we are already in the bottom at 31-32) and very short lived.

Key facts of the MSD Investment Thesis (to be compared against other stocks you are considering):

  1. No regulatory hurdles involved (Health Canada License to import and sell devices obtained). With this license, MSD can sell its software to be added to customers’ existing devices or sell them the medical devices they need with the software installed. With this step, MSD becomes a one stop shop and gains full access to the market, devices + software + additional add-on services.

  2. Vote of confidence by Top ten pharma with the signing of a distribution agreement. Top 10 pharmas don’t sign up any company to be a reseller of their medical devices.

    Usually, a ton of analysis and review is conducted before this step happens.

  3. Low burn rate and low fixed cost. I already covered in a previous post how MSD uses highly skilled contractors as needed. Also, MSDs CEO has a tremendous amount of connections worldwide in the healthcare and home patient care industry. He was the key to signing up the recently announced (unidentified) customer and getting MSDs first PO (350k to start). What this all means, is that there is no need for the high monthly expense that comes with hiring a top sales VP and associated team to try to target new customers. People really do not give this point enough thought. We are getting so much bang for our buck with this CEO, his experience in security, and his industry connections. Also Insiders own a ton of shares, from my last account around a month ago the CEO owns approximately 3.3M shares, and along with a few close family and friends a total number of shares held of approximately 5.8M. So the motivation to consistently increase revenue is definetely there.

  4. MSD has recently been cashed up with a 1.5 million infusion in addition to the profit made on the 350k initial order. With a 720k annual burn rate, MSD has a run rate of approximately 2 to 2.3 years to around the end of 2017. This is not taking into account any further purchase orders. So basically no need to go to the market.

  5. MSD just received their first initial order from a major customer (20k patients). This validates the demand for what MSD is offering.

Given all of the above, all the uncertainties that existed with MSD as an investment thesis have now been removed. Everyone should consider this before taking advice from posters.

This is definitely not the time to be manipulated into selling your shares. If you do your DD and decide this is not for you than the best of luck to you. But don’t be fleeced out of your shares based on nonsense posts and the random ramblings of some.

Good luck to all, even the few investors that have moved on, narmar

Bullboard Posts