TSXV:RHT.H - Post by User
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Canadian_101on Jun 05, 2020 10:14am
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Post# 31116026
RE:RE:RE:RE:IR Reply
RE:RE:RE:RE:IR ReplySo with that in mind " it is up to the client to sign and enroll patients. If the clients are slow in signing patients then Reliq's revenues are affected", its pretty hard to forecast revenue from any of the contracts signed as perhaps very little of the patients will actually get enrolled, sure would be nice to know how many patients are expected to get enrolled and how quickly, would make it easier for forecasting growth estimates when the contract is signed.
I think this is precisely the main issue with RHT, lots of contacts signed and partnerships announced but issues with get clients onboarded and actually using and paying for the services, hopefully the increase in demand and urgency from Covid-19 will acceralte onboarding as we move forward. laurencelefou wrote: It was pointed out to me that Reliq's clients operate a bit like franchisees. Once a client has signed a contract with Reliq, it is up to the client to sign and enroll patients. If the clients are slow in signing patients, than Reliq's revenues are affected. Reliq has little control on how quickly a client enrolls their patients on the iUGO platform.