TSXV:RHT.H - Post by User
Post by
Aei773ouon Aug 11, 2020 1:49pm
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Post# 31393745
A glimpse of upside.......
A glimpse of upside.......This is a reprint of from CEO.ca of a IR reply about the 2000+ devices. Thanks to Eoj123.
From this reply it confirms my previous comments on the 2000+ devices sold. Other services are not included in the 2000+. I see a fair chance of additional onboards for services outside of RPM. Rentals/leases are not included in the sales of 2000+. Among the rentals/leases there can be new onboards and add to monthly subscription. I see a glimpse of light for better-than-nowthings to comes - though you have to see it to believe it, as usual.
Reprint::
Hi Scott, Can you give any clarity as to the mentioned 2000 monitoring devices, have they been sold in a cash transaction or have they all been deployed to clients paying for monitoring on a monthly basis.
Thanks Scott
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Hello ####,
Thank you for your continued interest in Reliq. As previously disclosed, the units were sold to multiple customers. Reliq’s customers, purchase, lease and rent devices that are used as part of the monthly reimbursement for remote patient monitoring. It is expected that most of the devices sold will be used for patients paying a monthly software fee. It is likely some devices will be used by clients for other purposes, such as, sales demonstration tools. I would also remind you that other Reliq services, such as, CCM, BHI and PCM do not require devices.
Best Regards, Scott Scott Fitzgerald Investor Relations Reliq Health Technologies, Inc.