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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 EdinColoradoon Sep 09, 2022 11:18am
97 Views
Post# 34952181

RE:Market is saying: I DON'T BELIEVE YOU

RE:Market is saying: I DON'T BELIEVE YOU

cpac wrote: That last contract, by my math, should be a $30M annual contract once all 50k patients are onboarded... yet RHT, a $100M market cap company had no reaction to the news whatsoever.  This is the  clearest indication yet that  the market does not believe these contracts are REAL.  Why on Earth else would that news not have had any impact on the share price?  

 

Possibly because this is not like a block contract to sell widgets. The patients are onboarded in an unsteady stream over more than a year, with people entering & leaving the system at all times. The market likes to see a block sale translating instantly into profit. I'd like to see that too, but that isn't the nature of this company. 

Another factor is everything is in the tank right now, even commodities as well as the question of whether the FED's policy can even control inflation when it cannot control supply chain functioning. There's a general lack of confidence in almost everything.

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