TSXV:RHT.H - Post by User
Comment by
TicTacToon Nov 02, 2020 10:11am
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Post# 31822367
RE:RE:Sales Projected Q1 calendar (2021): $ 7 million
RE:RE:Sales Projected Q1 calendar (2021): $ 7 millionBased on history, CEO credibility is zero, promise strong growth, on boarding, cash flow positive, profitability over and over. Reality FY20 SaaS revenue is close to $300,000 corresponding to ridiculous less than 1,000 thousands patients on platform. Already "major milestone" of October 2017 ...
That said, could make sense to enter due to PP by customers/partners, guidance end november, ... but remains highly risky and any investment could end at zero, why only take a small 50,000 around 23. Limited risk but rewards if RHT really at a turning point.
Could be a mistake to enter, maybe too early ... risky as many TSX Ventures stock. https://www.reliqhealth.com/2017/10/05/reliq-health-technologies-reaches-first-major-milestone-of-1000-patients-live-on-its-remote-patient-monitoring-and-telemedicine-platform/