Reliq Health Technologies Inc V.RHT.H

Alternate Symbol(s): RQHTF

Healthcare Medical Devices

Reliq Health Technologies Inc. is a global healthcare technology company that specializes in developing virtual care solutions for the healthcare market. The Company’s iUGO Care platform supports care coordination and community-based virtual healthcare. iUGO Care allows complex patients to receive care at home, improving health outcomes, enhancing quality of life for patients and families and reducing the cost of care delivery. iUGO Care provides real-time access to remote patient monitoring data, allowing for timely interventions by the care team to prevent hospital readmissions and ER visits. The iUGO Care platform integrates wearables, sensors, voice technology and mobile apps and desktop user interfaces for patients, clinicians and healthcare administrators. The iUGO Care platform provides services, such as remote patient monitoring, chronic care management, principal care management, behavioral health integration, telemedicine, transitional care management, wound care, and others.

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Reliq Health Technologies Inc

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Comment by Aei773ouon May 29, 2020 11:48am

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Post# 31087970

RE:Covid-19 Argument is Valid

This is the excuse for the “no progress” when the entire healthcare sector in the US is in a crisis. My projection is that we can dismiss April and May in the time frame of onboards. And that the Q4 will look much like this Q3 (hopefully more revenue not less). The outlook is now about what is in the pipeline and how much revenue can come from it. As usual, additional contracts strengthens the backlog but not the SP. When the market sees the money then they will believe it.

NobleFr wrote: I was a strong believer in good Q3 results from Lisa and I am very disappointed with the actual financials.

At first, I thought that because they could onboard remotely, the lockdown had no impact on them. In the end, I guess her argument that the clinicians were overwhelmed and had other priorities is valid...

This would mean that April is probably as dramatic as March and could lead to very bad Q4 results... It could be why she doesn't want to give us current numbers. The higher the share price, the less dilution for us. I could understand why she could want to delay bad news as long as possible.

The "hope" I have is the massive pipeline they have. As long as the demand is there, it shows they have a good product. The quality of their product is what matters here. I have no idea how they will go from 400k/quarter revenue to their potential 200m+/year but even if they reach 1/10 of that objective the company will be worth more than today.

They showed they could sign 100k+ patients so I believe they can sign 500k+. They still have to show me how they can onboard 100k+ tho...