TSXV:RHT.H - Post by User
Comment by
Mitch43on Sep 21, 2023 2:58pm
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Post# 35647946
RE:RE:Short report
RE:RE:Short reportTry to keep your spirit up, because unfortunately, Reliq issuance of new shares on top of diluting the SP tends to factually illustrate the " now profitable" fast growing telemedicine CO as stated by its CEO is short of cash to pay its bills/overhead. or , viewed from a different angle most of its revenue still originates from the CO investors/shareholders.
What boggles my mind is the faith of all Reliq's shareholders still trusting Lisa rosy forecasts and never attained guidance... who rather ignore the documented fact that in 2018 all the reliq' officers on the boar including its CEO Dr Lisa Crossley were charged with a pump and dump scheme netting a reported 22million cad. for which the CO had to restatemuchlower its financials and paid a 2.5 million fine out of court instead of attempting to fight the charges as first stated by its CEO..... who still continues to this day doing the same pumping by spreading all sorts of falsities misrepresentations.
So do not expect any 2023 uplisting to Nasdaq, nor any shares buyback, nor any highly profitable financials as forecasted... Just more excuses as to why everything will be forwarded to 2024 and so on, and so on...