Reliq Health Technologies Inc V.RHT.H

RE:RE:Conference call:

[Canadian_101]

Great post and I agree, this should be enlarged and posted in an area that all can see everyday what what said on the confernece call.

I just checked the  Livongo  website and reviewed their 2019 results, all's I can say is with yearly revenue of 170 million and  RHT  sitting at 2 million right now, in my mind its a pretty big statement for Lisa to say they will be catching up fairly quickly , long way to go if you ask me.

I surely hope the goal is achieved but in reality I think it 's gonna take some time for this to happen , what does "catching up fairly quickly" really mean I woonder?? 

Aei773ou wrote: I would suggest Lisa to have this part of the Webinar wood-framed and wall hang it on her office. So as to remind herself of her goal to achieve every time she look it. Put it up in a Webinar is out of place in this Q3.

digitel wrote:

"If you look at their most recent financials, Livongo has a market cap of currently as of today or yesterday rather, $5.7 billion US. Their trailing revenues for their past fiscal year, which I believe is calendar 2019, they had revenues of 170 million US and an EBITDA of minus 20 million US. And that's where you can see a big difference in their operating model from Reliq's where we are a low touch and lower cost, but that low touch solutions such that we can achieve and more compelling EBITDA margins."

"And so while Reliq is technically two years behind companies – a company such as Livongo that launched in 2014, we are seeing such significant pull in the market for our platform that we really do see ourselves catching up rather quickly. So to that end, let's go through very high level our pipeline through fiscal year 2021, so the upcoming fiscal year."

"So overall, in the pipeline, we currently have more than 1,300 providers and over 500,000 patients."

"So within the next few months, we should be able to report on some of these new clients that are in the pipeline as they become official clients and as the contracts are signed, so certainly we'll be communicating regularly with our shareholders in the market about progress with that pipeline."

"We do expect to have significant updates to provide to the market before October. And as those occur, we will obviously provide disclosures through press releases, but also schedule additional webinars to provide more clarity as some of that news becomes public."

"And we definitely seen that the clients that are approaching us have much more of a sense of urgency now and we're tending to see much larger organizations, healthcare organizations coming to us."

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Two weeks after saying the call-center was rapidly scaling from multiple juristications Lisa is signalling extreme confidence talking about Livongo as she did. She says she sees RHT catchng up rather quickly. She also knows about the 550,000 pipeline. 

New contracts requiring webinars... These are likely big deals...

We've never seen a deal require a webinar before.

Large contracts, and the pipeline goes to >550,000 patients, with credible organizations that are viewed as serious and will do what they say would be game-changing for market perceptions. Flying Doctors could be one of them. It is now five months since Flying Doctors went live and it was originally to be a three month pilot.