Reliq Health Technologies Inc V.RHT.H

RE:RE:Fundamentals/Guidance

[Tropicalsun]

qwerty22 wrote:

I do know it's a dream. And I know it won't be realized. My desire is just to close the gap between flippant statements and the truth, she could do that with more insights to the busines but she probably won't.

You are right there is growth but it's not accelerating growth, not over 2022 anyway. The crazy guidance demands exponential growth. The fairytale description of the business promises exponential growth. Should it be happening? If it isn't happening does Covid and hurricanes explain why not? Or are there bottlenecks in the flow from signed contracts to patients as revenue generators? Because signed contracts just keep coming, that's a hugely positive sign but the rate at which they convert into revenue is disappointingly slow.

That's my take, it's very possible guidance has drastically skewed my expectations here.

theinvestor22 wrote: I'm sure there are lots of people, myself included, who would like to see SaaS revenue growth approach the numbers given out as estimates by the CEO, but keep in mind that CEO statements are not fundamentals.  If you were to graph actual SaaS results over the last couple of years, you'd see something going nicely up and to the right.  That represents one of the the fundamentals.  My conclusion here is that the CEO should stop giving guidance, talk more about actual progress, explain the potential and let the numbers speak for themselves.  No detailed estimates please.

Anyone who expresses frustration about the progress of the business has a point, but it's there nonetheless and it's plain to see.

Anyone who wants to see monthly internal reports is dreaming in technicolor, although I do understand the sentiment.

 

qwerty22, well thought out and very well worded post regarding this companies CEO. Hey Lisa, if you read these forums, perhaps you could take notice of this post and comment next week in the business update as to why it takes soooo long to convert these many signed contracts into generated revenue for Reliqhealth.

Great question, as for the rest, it has been said many times by many shareholders, please quit over promising and under delivering. You told me a long time ago, to focus on this companies financial reports, we'll Dr. Lisa we are still waiting to see real numbers instead of hyped up numbers.

As far as the usual garbage responses from the board idiots, don't waste your time or mine.