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 > Calculated timing

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Comment by lscfaon Oct 30, 2021 6:16pm

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Post# 34069120

RE:Calculated timing

Why no webinar after annual results per usual procedure? Also, it's not clear if revenues generated after June 30 have been given an extended period to pay.

"All outstanding receivables shown in the FY 2021 Financial Statements will be collected by the end of Q1 Calendar Year 2022 [March 31, 2022] in accordance with the payment plan agreements we have with our clients.”

Mongoose wrote: I don't have enough time to present all the negative things I have to say about both financial results and I don't want to repeat the excellent points already made. Q4 and Q1 should have been around $1M and $3M respectively to indicate real proof that her goals were archievable.

I do wish to say that what turns my stomach the most is the intentional timing of delaying the Q4 results to the very last day in a very low key fashion followed by the pre-release of Q1 hours later. They can spin it whatever way they wish but clearly they knew that Q4 results were not aligned with their repeated guidance. It shows clear intent to sweep the Q4 results under the rug and promote Q1. This is a deliberate, devious, underhanded and scheming act not becoming of a straight up CEO.

I'm relieved that I sold 2/3 of my postion before the release when she starting down playing Q4 but I'm still bag holding my 1/3 postion. Wish I sold everything but I got hooked into thinking that maybe this time it would different.

How in the world is she going to meet her $11M target...oh yeah, she won't and she can't.