TSXV:RHT.H - Post by User
Comment by
sicilian2on Sep 21, 2017 12:10pm
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Post# 26726093
RE:NEW REPORT = BIG KABOOM COMING !!
RE:NEW REPORT = BIG KABOOM COMING !!where did you get this from?
homerunstock wrote:
September 19, 2017 Reliq Health Technologies (RHT.V) (RQHTF) has been nothing short of an execution story and we have been calling for this all year. Today, Reliq announced that it has received the first payment of $200,000 from NextGen Applications LLC of San Antonio, Texas. This payment is part of the contract between the two companies and the contract has a total value of $1.22 million (USD). Under the contract, Reliq will provide NextGen with professional services and a limited license to use its proprietary iUGO Health platform, specifically for the development of a consumer focused mobile health app, providing service to the greater San Antonio area before expanding elsewhere throughout the U.S. Becoming a Major Free Cash Flow Story August was a banner month for Reliq and these developments have the firm positioned for incremental growth over the next few years. Currently, Reliq has contracts in place with a 12,000-patient home care agency and a 36,000 patient Accountable Care Organization (ACO) in Texas that are expected to generate between $17 and $23 million in recurring annual revenue in 2018. When you combine these contracts with thisnew revenue stream, Reliq is quickly becoming a major free cash flow story. Market Cap Implies Significant Upside Ahead We remain favorable on Reliq at current levels and see considerable upside potential. The companys market capitalization is well below the potential monthly revenue associated with its pilot programs and we believe Reliq is very undervalued. Reliq possess a deep pipeline of pilot programs and based on the recent success, we expect to see more positive results soon. Wall Street seems to be significantly undervaluing the companys potential and we expect this to change as Reliq continues to execute.