Reliq Health Technologies Inc V.RHT.H

RE:Doctor's appointment from remote communities

[wannaretirenow]

Was a very informative call in for those that missed it there will info on the Reliq web site.  For those that have any questions Lisa asks that you email them in and she will answer or just call her.  This is exactly what she said.

So a sumnation of what I got is that we are now profitable and will be from now.   Will have 3.6 million in sales by the end of 2017.  Expenses is about $2.5-3 million per year and will stay around that figure unless they have to hire a bunch more staff.  The soft ware can be tweeked a bit for new ideas etc, but very little capital to maintain it.  The company is very hands off with the software, the caregivers/insurance companies/health care units install and run the systems RHT has minimal involvment that is why the profit margin is 85%

As far as the current pilots that are on going these will continue but hold your breath on these going live in the near future, anything to do with large hospitals and government puts things at a smails pace.  Instead the company is focussing on the 32 million medicare/medicade customes with 2 chronic illnesses in the USA.  These are the short term goals of aquiring these folks into the pipeline.  Could you imagine locking up 1 million of these customers at $50/month.  I see why Lisa and her team are targeting these folks.  How can they get these folks into the pipeline?  Because RHT has their foot in the door with medicare/medicade already, proving that they are saving the insurance companies big time, the health care provides are loving the system as well as the patients and families.  The company is also targeting the aboriginal clients in Canada through the Federal Government where there is funding in place for this.

So we have a cash cow in a space that no other company is involved with, no competition with a product that is saving insurance companies and tax money, with customers and clients are endorsing and promoting.

Have not sold a share to date since entering in the teens.  Investment firms are definitely interested as some of the live calls were brokers.  This story has just begun folks and the SP will just continue to go north in the short and long terms.  Congrats to RTH and us shareholders.