Reliq Health Technologies Inc V.RHT.H

A few quick points...

[theinvestor22]

1. It was mentioned earler that the company should have raised guidance because it has announced additional contracts after that guidance was released.  Since Reliq includes unsigned contracts in its guidance, that suggestion doesn't make sense.  Perhaps Reliq shouldn't include estimated contract executions in guidance, but it is what it is.

2.  It was stated earlier by the same poster that Reliq's clients are under no obligation to onboard anyone after a contract has been signed.  This should be obvious as well, but let's examine it further.  Reliq signs a contract with a client.  After that, the client approaches patients to offer them the service.  If an eligible patient accepts the service in writing, they get to be onboarded.  At the point of contract execution, it would be impossible for a client to know the exact number of patients who would sign up, therefore to think each client should be contractually liable for any number of sign-ups doesn't make any sense.  So, while the poster in question might think he's revealing a hidden truth, in fact he's not.  It's obvious.  Having said that, one wouldn't expect a client to go through a thorough review of available options, select Reliq and execute a contract without the intention of proceeding with the service.  That should be obvious too.

3.  Now for my own commentary.  These SaaS companies, if and when they gain traction, can be fast growers and real cash cows.  It's taking a while here, but things do seem to be coming together.