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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 c2son Sep 16, 2023 2:39pm
170 Views
Post# 35639822

RE:RE:RE:RE:many more patients on contracts are coming

RE:RE:RE:RE:many more patients on contracts are comingI hardly ever comment but I have to agree that it is very unrealisic to push those hyper-optimistic numbers. Might be fun to dream, but posting it just feeds the trolls. At this point, I believe any onboarded numbers must be discounted to at most 30% for adherence (even that might be high until we hear otherwise) and on any new contract, consider at least a 6-month lag for onboarding, adherence confirmation and revenue generation at a slowly ramped rate.

The momentum should be building and the future looks better with every new contract but many seem to overlook the lag time to revenue generation. Unrealisitic expectations and corresponding disappointment after reporting is likely why so many are disenfranchised by the company. I've been in a long time and I'm still a believer with a sizeable position, but I've definitely had to temper my expectations. I would love to see the upcoming report in October finally break the 'share price drop after financial reporting' pattern, and start a steady climb to new highs and beyond.
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