TSXV:RHT.H - Post by User
Post by
Aei773ouon Sep 29, 2020 3:34pm
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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.