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 > My question from the CEO site

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Comment by lscfaon Jun 01, 2021 4:15pm

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Post# 33304846

RE:RE:RE:RE:My question from the CEO site

But you're right. The co. is sleazy with its unconventional use of terms.

lscfa wrote: Don't care. Cash flow is superior to accounting earnings which can be more easily manipulated.

aaaaaargh wrote: And once again.......cash flow positive and profitable are NOT the same thing !!!!

lscfa wrote:
The cash burn rate is $500,000 per month and that includes the costs of SAAS revenue. So, if come July the revenue is $500,000 per month and it's all from SAAS and none from damn device sales, then the co. could be breakeven.

aaaaaargh wrote:
I've asked this before and I will ask it again Even at a 1.5 mill quarterly run rate how the hell are they going to be profitable when they have expenses in the three to four million dollar range quarterly? It is quite clear that even if they claim to be profitable in a months time, they don't even appear to know what profitable means. Just like when I got one answer last time from another dingbell who didn't appear to know what it means.