Reliq Health Technologies Inc V.RHT.H

RE:VHI is NOT RHT 2.0

[Arizona546]

I also own both and don’t like it when people spam stockhouse boards about other companies. However, bashing VHI because you’re frustrated with the “pumpers” is uncalled for. VHI is not a pump and dump, the CEO has a great track record of building healthcare software technology companies (just look up Medworxxx), so calling him weak and the company a pump and dump is just ignorant. . Both companies have great potential in my opinion, and both are speculative investments.

TheHunt wrote: I have been seeing lots of investors talk about Vital Hub on Reliq’s forum and I find that offensive as these posters are trying to pump or promote VHI at the expense of RHT’s airtime. Here are a few things for you Vital Hub fans that you need to take note of:

1. Vital Hub’s core business is acute care, which is selling SaaS to hospitals, is rather a very weak one with very long sales cycles and is very tough to scale. In fact, I knew this Company when it was private and was never interested in their petty IPO offering as they were never able to break 4/5M of annual revenue from the same clients.
2. Vital Hub went public at 12 cents and issuing a boat load of warrants (46M @ 14/15 cents) to lure retail to buy their long sales cycle business that they were never able to scale.
3. Then came the genius of the Vancouver pumpers, they got Dan (a very weak CEO) to acquire many other revenue generating SaaS business that are not coherent and don’t really create any accretive value together. These acquisitions were made for one purpose, pump VHI’s stagnant revenue figures and make people forget that the core team behind Vital Hub has long gone.
4. The same group had a good relationship w an E&Y Canada partner who wants to embark on new clients, thus the pivot to blockchain for hospitals. Whilst, blockchain is needed to improve operations of any hospital, the solution that VHI is so farfetched it’s not even funny. Clearly, the partner(s) at E&Y Canada wants to show more revenue for his/her own PF so in passing along this new vertical to VHI, it was a win-win for both parties. The problem is the following, a blockchain solution that is unproven that suddenly gets a sale soon after being announced tells me that it was never even developed. Even if it was, what was the medium of exchange between the hospital and the end user? I will tell you, none, because it was never developed. No private or public ICO to allow exchange between the users and thus it’s a concept at best. As to the sale that just happened, it’s yet to be proven and we do not even know what the consideration was paid.

Bottom line, stop trying to convince investors that VHI is RHT 2.0. RHT has a scale that no other SaaS Company on the Venture has (except maybe PAT), whereas VHI is just trying to patch whatever sticks on their back to make them look viable.
 Stick with the real deal and go read the great posts by Narmar, TheInvestor, Mingzhu before getting suckered out of your RHT position to buy a typical Vancouver P&D called VHI.