RE:I do not own it and i won't.
IMNOTWESTCOASTT wrote: Has anyone noticed what RHT is doing today, i have not seen any news, PTQ could be next to pop?
Steven Palmer, president and chief investment officer, AlphaNorth Asset Management Inc.
His fund: AlphaNorth Partners Fund
The pick: Reliq Health Technologies Inc. (RHT-X)
52-week range: 0.20 cents to 0.63 cents a share
This company, which focuses on remote patient monitoring and telemedicine, will benefit from the telehealth trend that has accelerated during the COVID-19 pandemic, Mr. Palmer says. Hamilton-based Reliq Health Technologies, which targets the U.S. market, is expected to break even in the first quarter, he says. Catalysts for the stock will come from new contracts with U.S. health groups. Its shares hit a record high of about $2.50 a piece in 2018, but fell sharply because of issues with revenue reporting when some patients did not get reimbursed from government entities. The company has fixed that issue, hired new employees, moved the head office from Vancouver and plans a Nasdaq listing next year, he says. Risks include potential competition and an inability to get big, new contracts. He bought Reliq stock for about 22.5 cents a share.