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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 Nov 17, 2015 9:34am
171 Views
Post# 24297163

Great News this AM.

Great News this AM.A multi-location long term care company has signed up for a pilot project using Mosedas technology. Now we have proven that we can generate revenues on the subscription side and the hardware side. In my opinion both these large clients will generate recurring revenue for MSD. The great thing about this company is that it is running super lean, with no need for financing (unless we start acquiring other cash flow positive, revenue generating, synergistic companies), and our CEO is meeting new companies on a regular basis. He has now proven that he can close deals and generate revenue, instead of going into tedious negotiations that last forever. I am still expecting more news before year end with regards to potential new large customers and potential recurring revenue from existing customers. MSD in my opinion is a great company to hold on to. Imagine how fast we can grow revenue, when we have existing customers, instead of convincing a potential customer to be the first to buy from us. Also, our current customers are large companies with a lot of patients and with multi locations, no mom and pop shops here. With strong upper management that knows how to sell the product and present the company (and now has a proven track record), we should see continued appreciation in the SP. Good luck to all, narmar
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