TSXV:RHT.H - Post by User
Post by
eljoroon May 28, 2018 8:04am
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Post# 28087401
NEWS: Reliq orders 27,500 monitoring devices
NEWS: Reliq orders 27,500 monitoring deviceshttps://globenewswire.com/news-release/2018/05/28/1512645/0/en/Reliq-Health-Technologies-Places-Order-for-27-500-Blood-Pressure-and-Glucose-Monitoring-Devices-to-Improve-Hardware-Availability-for-iUGO-Care-Customers.html
RHT is purchasing these units and will resell them to clients, at a profit. This also ensures the clients in Texas have the product they desire. And if they sell all 27500 units in 2018 that wil take RHT to a minimum of 39,500 patients onboarded. And why buy these units if you are not 100% sure you have customers waiting to re-sell them to.
Me, I still think there are new contracts to be announced and that the 2018 and 2019 patient numbers are about to be upwardly revised.