TSXV:RHT.H - Post by User
Comment by
Mitch43on Sep 23, 2023 7:51am
134 Views
Post# 35650518
RE:Onboarding
RE:OnboardingWakey wakey, and smell the roses... The very fact the CO had to issue new shares twice recently
, something its CEO stated previously on a couple of occasions they would not have to do due to increased profitability streaming from the long list of new signed unverifiable contracts means they do have cash flow problems already since the CO beginnin in 2016.
Plus I should remind you they already have all the financial numbers available from Q4 and EOY since the end of june so they could/should have reported them, particularly if they were good, but instead decided for their own nebulous reasons to announce they would report them in October with new large signed contracts....
Any investor/shareholder willing to do seriously their own DD would learn that Reliq is a pump and dump CO build out of smoke and mirrors masqueradind as a telemedicine one...
All its board' officers including its CEO were charged in 2018 by the Vancouver SEC for running a pump and dump scheme for 3 years that netted 22 million cad for which the CO paid a 2.5 million fine without contest out of court.
Don't just take my words for it... all the information is still available online.
Sadly despite it, Reliq management still keeps pumping the stock and issuing new shares to this day with all sorts of hype/ falsities/misrepresentations/omissions using the legal disclaimer which everyone should read first,
That whatever the CO states/project etc.be aware... may never occur.
in simpler terms what Reliq does is not illegal, because it isn't a crime to promote a stock and make business errors.... All COs do the same.