RE:RE:RE:Strategic Private Placement Hi BustedG,
I am more of a long term investor. I have nothing against traders, but I personally put most of my time, effort, and money on high return longer term plays.
For upcoming milestones, I would like to refer you to the most recent corporate presentation (link below).
https://reliqhealth.com/wp-content/uploads/2016/05/Reliq-Health-Investor-Deck-Sept-26.pdf
In general, over the next 6 months + or –, I am expecting the following to be achieved:
- progress on current pilots announced,
- additional white label contract announced,
- additional pilots and contracts announced,
- some further details on a potential user application (sold directly to end users)
- and the turning of one or more pilots into contracts.
These contracts will most likely start in increments, but the full potential from only one contract with Sacred Heart for example, has a potential annual value of 72M and will open the door to Ascension Health (the US’s largest non-profit health system and the world’s largest Catholic health system).
Refer to detailed post on the subject below.
https://www.stockhouse.com/companies/bullboard?symbol=v.rht&postid=25021790
Reliq is hard at work running announced pilots, increasing the pipeline of new pilots, and continuously improving a very robust platform to meet the needs of potential and varying customers.
Essentially, the company is hard at work with the aim of building a large portfolio of healthcare institutions that would generate recurring revenue,which would significantly grow year over year.
In my opinion, if the company achieves the milestones that they have set, this will no longer be a penny stock. Keeping in mind that risk is always associated with venture companies, anyone that doesn’t understand that should not invest a dime in any company on the venture. The possibility of high return is your reward for accepting these risks.
However; Reliq in my opinion offers tremendous reward for limited risk at these discounted levels. This industry is growing at record levels, the market for Reliq's platform is in the billions and Reliq has pilots with some of the biggest names worldwide.
I hope that answers your question and wish you the best of luck,
narmar