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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Reliq Health Technologies Inc > Thinking out loud

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Comment by lscfaon Mar 16, 2021 10:44pm

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Post# 32814061

RE:RE:Thinking out loud

Reliq mgmt has really screwed this up. If they hadn't blown the execution of past contracts they could have stuck to simply announcing contracts and disclosing the no. of patients to be onboarded and the time frame. Investors could have calculated the incremental recurring revenues that each contract announcement would add. By abandoning the reporting of onboarding and electing to forecast revenues investors have no idea how many additional contract announcements are built into the revenue forecast. Thus no value is added with new contract wins until mgmt says so.

lscfa wrote:

All contract wins to date are part of the $11 mil/ $32 mil/ $65 mil forecast. So no additional value has been created but the probability of meeting the forecast has increased.

Reliq will update the revenue forecast if any new contracts change the magnitude or timing on the existing numbers and dates.

Best Regards,

Scott

Scott Fitzgerald

Investor Relations

Reliq Health Technologies, Inc.

On Tue, Mar 2, 2021 at 6:08 PM Xxxxxxx wrote:

How many yet to be announced contracts have been anticipated by mgmt and built into the $11 mil/$32 mil/$65 mil forecast? When do investors start considering announced contracts to be incremental to the forecast?