Reliq Health Technologies Inc V.RHT.H

More options now and coming......

[Aei773ou]

I am not surprised and in fact expecting they will issue more. Ever since last year when the management team put in their own money to the company by exercising options it has become the way (probably the least expensive way) to buy time until the company turns cash flow positive. The trouble I see is about the focus on large contracts and the expenses to expand both staff and business activities while limited revenue received requires fresh capital injection.The selling of devices in inventory (about 3 million per last fins ?) is on-going and could limit shares to be issued. In a nutshell when you put things in perspective it shows cash flow at the moment is not an immediate problem. The company is buying time to see how their agents (healthcare providers signed in the contracts) perform in selling the iUGO services. The subscription fees and the particular needs of the patients is the key. Also it is about how flexible Reliq is to provide enough incentives to its Clients who then pass on to their patients. This is the update I have waiting for from management - feedback from the Clients. These big contracts was announced since February and It is well overdue for a report of how the contracts go. And we are still waiting.