Reliq Health Technologies Inc V.RHT.H

RE:RE:Must watch to understand the financials better

[mjh9413]

Well, he admitted he can't understand what Lisa says. What gets me, for one thing though, is the only reason for positive move in cash Q1 was proceeds from exercise of warrants'options and what, there are still 20MM of those long term all in-the-money equities outstanding. Ok so it gives rise to more money from exercise of these but then they become drag on sp (sellers) and eps. Next, as a consequence of this, they had cash outlows in operations. And next, they are not profitable...still. And next, the creditor terms have still to be proved and I suspect we will get disproportionate growth in receivables as these terms will likely be very extended (that is not saying they won't be eventually paid.) And next, onbarding has always been a problem for a variety of reasons and I would parse Lisa's projections by easily 30% over time. Rapidly growing? Just about every time Lisa has offered scenarios that have never panned out but with all the news releases we have seen on new deals just maybe she will get it right, say in 2 or 3 more qtrs. AMO. And that is not "I Love"! It is past time Lisa was given a break with a truly seasoned CEO brought on board. Probably the best onboarding we shall ever see.