TSXV:RHT.H - Post by User
Comment by
lscfaon Jul 16, 2021 3:43pm
107 Views
Post# 33561006
RE:RE:Todays news is a positive but raises a quandry in my mind
RE:RE:Todays news is a positive but raises a quandry in my mindco. has missed its guidance of breakeven by June 30 so now it will reiterate incessantly the $2 mil/month revenue run rate by Dec 31 for the rest of the year.
ryang999 wrote: It's very confusing and self contradictory if you scrutinize their NR. They keep saying they have a backlog of 200k, but then what have they done to accelerate the onboarding process? Nothing. But when the CEO is pressed why they have a backlog but have done nothing, her answer was its not up to them and it is up to the clients. Then this can not be called backlog. Until the clients decide to start the process, you don't really gave the patients. You can call this something in the pipeline at best as at the end of the day, the client may decide not to start the process at all. Secondly, they did not mention the break even or profitability at all. That is a bad sign. One rotten carrot dropped dead on the ground, the only carrot dangling is 2mm month run rate in December. Sigh.