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Reliq Health Technologies Inc V.RHT.H

Alternate Symbol(s):  RQHTF

Healthcare Medical Devices
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

Reliq Health Technologies Inc > "Impressive Progress"
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Comment by theinvestor22on Jul 17, 2023 10:41am
88 Views
Post# 35544080

RE:RE:RE:RE:RE:RE:RE:"Impressive Progress"

RE:RE:RE:RE:RE:RE:RE:"Impressive Progress"

So, you're saying the company probably sold shares directly to institutions and the buy back would be from those institutions, which wouldn't be able to sell for a while because of minimum hold requirements?

If that's the case, please note that any direct sale to an institution would be a material transaction which would have to be reported to the market.  Since there has been no such report and since the company said they wouldn't do a fund raise, I think you're supposition is beyond highly unlikely.

And, if there was a buy back, it would not be limited to institutions only.  That would be basically insane.  It would be done via NCIB and there would be plenty of shares available, depending on normal market conditions.

Efnjesuschrist wrote: Not at all. You completely misinterpreted what I said. I'm saying that the extra shares look like they were sod to fund managers. 

 

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