Reliq Health Technologies Inc V.RHT.H

Well

[DonnieAzoff12]

Not the ER we were hoping for but I guess I can respect some people wanting to move on as everybody only has so much patience when it comes to the stock market, especially with this story.

I will say that dip at market open did seem a bit dramatic to me considering the recent contracts announced. These contracts are nothing to sneeze at and more seem to be on the way, and the financials were really not that bad if you think about it. No raises for captial anticipated and we were off on sales by like $146,000 or something? The trade recevibles seem to signify a strong start to Q3. The future is definitely bright and I will continue to stay long on this company. I am unfortunately learning the hard way that I need to learn to allocate my captial better to buy on dips, but I can admit that I put all my chips in before this ER thinking this was the Q that Relly was taking off with big contracts announced followed by a strong ER, but I was wrong.

Another reason I can understand the dip today is because of the false promises that Lisa continues to deliver. Her credibility gets smaller and smaller each passing Q. With everything that has happened in the past she really can't be promising guidance like doubled revenue every Q and then under deliver. Common sense to me in a situation like this is promise low (or not at all) and then over deliver. Don't get me wrong guys, I do feel the business model is really starting to prove itself and I also believe in the tech but her undelivering like this makes me question whether she can fulfill other promises and really execute on these big contracts (On-Boarding). This space will see a lot more competitors soon and I do think Reliq is still in a good position with first market advantage but my god beating guidance for once would be a nice change. Lisa needs to smarten up and be more real with investors as I feel she is on her last straw with many people. 

Cheers and good luck to longs.