Reliq Health Technologies Inc V.RHT.H

Alternate Symbol(s): RQHTF

Healthcare Medical Devices

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.

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Comment by lscfaon Feb 07, 2021 10:44pm

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Post# 32497953

RE:RE:RE:RE:RE:RE:RE:RE:More shares

See image. Co.s should not be able to time when options are doled out. They should have to do it at set times like after qtrly fins posted or concurrent with financings. Too much self-enrichment going on.

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lscfa wrote: 5,400,000 $0.225 options (expiry Mar 18/25) issued March 18, 2020, disclosed in Mar fins. 2,400,000 o/s at Jun 30 per Jun fins. Probably exercised days or weeks after Mar 31. I have reported these SOBs several times and I think the regulator finally told them to cease and desist. Thus recent PP's in lieu of large option grants.

theinvestor22 wrote: Evidence, please.

lscfa wrote: I suspect some of those options were issued to "consultants" for no exchange of work. Simply a stealth financing to skirt PP rules.

theinvestor22 wrote: So, consultants and employees were willing to work (at least in part) for options because they had confidence in the company. Sounds like a plus to me.

Have you considered that, when they said they didn't need a fund raise, they meant they didn't need to go formally to the markets to raise capital?

So, they were cash flow negative. I mean, really, what were you expecting? Surely, you can read financials and make reasonable projections! Or, are you saying you were a newbie investor that got duped???

lscfa wrote: Reliq issued 5 year options to consultants/employees/etc. who exercised them within 3 months and then mgmt had the audacity to say the co. doesn't need any financing to get to cash flow positive status. Lying mofos.

Lifeboat wrote: In my experience, over the last 30 years, early stage tech companies and even mature, profitable ones issue stock options on a regular on-going basis. It is one of the reasons people work for and with early stage tech companies. Stock options have always made a significant amount of my compensation over the last 30 years and one of the reasons I worked for the companies that I did. If you don't like that practice you should invest in a different sector.