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Reliq Health Technologies Inc V.RHT.H

Alternate Symbol(s):  RQHTF

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.


TSXV:RHT.H - Post by User

Comment by aaaaaarghon Mar 20, 2022 11:06am
129 Views
Post# 34529428

RE:A few random arguments from the Nay side...

RE:A few random arguments from the Nay side...Holy moly. We must be on different forums. I see much of anything you claim. Maybe I have those people on ignore or something.
theinvestor22 wrote:
Reasons not to invest in RHT. 

You think:
 
- The software doesn't meet a recognized need
- The software doesn't work as specified
- CMS doesn't fund the services supported by the Reliq's offerings
- Virtually all of Reliq's clients (about 170 of them since late May 2019) have not done sufficient due diligence before executing contracts and implementation plans
- The company's pre-screening is ineffective
- Covid has not affected onboarding as stated by the company
- Patients will not use the system or will not use it regularly enough for it to be fundable
- The company did not extend payment terms with clients during the initial stages of covid
- The auditor is incompetent
- Notwithstanding the collection of accounts receivable which started in FQ2, the company will not be able to collect significant amounts going forward
- The company's partnership with Cognizant will not result in any larger deals being executed
- The company will not be able to sign any larger deals on its own
- The company's share price based on a discounted future cash flow model is too high
 
Now, I happen to think that just one medium sized deal with partner Cognizant - without any contribution from anything else - would be enough to get the company onto the NASDAQ, but that's just me.  As for the other 170ish deals, well, they might add a little something, yes?


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