TSXV:RHT.H - Post by User
Post by
theinvestor22on Aug 31, 2021 9:37am
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Post# 33787185
We've seen this all before...
We've seen this all before...There are an awful lot of comments on Reliq boards with the theme "Be careful, we've seen this all before".
I get it that some long term holders are wary about a second price run up, but I don't think we've actually seen THIS before.
Back in 2018, the company was inexperienced, the market was very young, systems were just being developed, funders were reluctant (to say the least) to pay for any services rendered, some staff were not working in the best interests of the company (I'm being lenient here) and there were almost no payment codes.
Flash forward to now. The company has fully developed its best-in-class systems and added many more modules, the difficult staff are long gone (after having partially compensated Reliq for apparent misdeads), the much more robust market is eager to embrace the company's offerings, funders are promoting telemedicine and willing to pay for it, numerous payment codes have been implemented and many more codes are on the way.
And, oh ya, the CEO has sunk a lot of her own money into the company.
It seems to me that we absolutely haven't seen THIS before.
This is the paradigm shift! (IMHO).