Reliq Health Technologies Inc V.RHT.H

RE:Why hold?

[DavidB1994]

Ziondog wrote:

Those who held, or those speculating on their buying finding a bottom have ALL gotten burned. So, why hold?

The customers who have used Reliq seem convinced of its benefits and have increased their use of service. While the company is fundamentally what it was when it was a high flyer, the onboarding of clients that was the main driver came to a screeching halt as result of a need to accommodate the billing and approval for payment.

Not getting this right the first time is an immense embarrassment, but it is hardly a bullet through the heart of the business. The corporate billable time is now not getting spent on growing the client base but instead on fixing the coding and disclosures needed to get billing and payment done through the, until now,  unanticipated bureaucratic hurdles. The price is being driven down now because there is no onboarding occurring to drive it up,  those looking for a fast buck have fled and those who have lost are being vindictive and posting to destroy the reputation of the company.

So what if you lost 30%, 50%, or even 90%-- are there safer places that you can go now to make that kind of money back? If you know of any, please share. For those of us who are continuing to hold, the best thing we can do is to sit quietly and let the managers of the company do what they need to do. The company's success means that we all get to be happy, so we should be cheering them on.

However, I'm not trying for buying at any "bottoms" now. Best chances to make money back on this company are to buy in as low as possible, but for now there is no indication that any bottom exists. But, I'm reserving dry powder for when I think we have a green light. Not expecting it this year.

Well worded Ziondog. At the end of the day it was all about the on-boarding. Customer growth came to a halt and so did the ascension in share price. Still think this company has a good product that MIGHT be big in the future. That’s worth holding to me. We will just have to wait and see.