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Reliq Health Technologies Inc V.RHT.H

Alternate Symbol(s):  RQHTF

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.


TSXV:RHT.H - Post by User

Post by Aei773ouon Sep 29, 2020 3:34pm
331 Views
Post# 31636620

Take it or shrug it - IR comments on share price

Take it or shrug it - IR comments on share priceReceived today IR reply:

Thank you for your continued interest in Reliq.  The Company was very close to cash flow positive in Q2 FY2019 as disclosed in the quarterly update at the time.
 
The Company announced several months back that it was suspending guidance due to the uncertainty on the upside and downside of the business due to Covid.  It is likely that guidance will be provided in the relative near term now that there is less uncertainty over the business conditions.
 
While the short term drop in share price is concerning, the Management team is focused on creating long term value for share holders and believes that the Company is well on its way to achieving that and the stock price will reflect that over time.
 
Best Regards,
 
Scott
 
Scott Fitzgerald
Investor Relations
Reliq Health Technologies, Inc.

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My comment - no time frame given on resuming guidance.
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