TSXV:RHT.H - Post by User
Comment by
mingzhuon Oct 10, 2023 1:43pm
117 Views
Post# 35677355
RE:When did Reliq decide PP financing?
RE:When did Reliq decide PP financing? after Sept 7, shorts have increased dramatically when they picked up the financing signal. I expect next short report be down.
Symbol | Issue Name | Shares | Net Change | Date |
$RHT.V | RELIQ HEALTH TECHNOLOGIES INC. | 3,851,910 | 2,234,530 | 30 Sep 2023 |
$RHT.V | RELIQ HEALTH TECHNOLOGIES INC. | 1,617,380 | 178,253 | 15 Sep 2023 |
mingzhu wrote: It was between Aug 17 and Sept 7 Reliq decided it no longer could handle incoming clients with same number of stuff. Here are proof:
Aug 17 PR :"The Company expects to add over 5,000 new patients per month to the platform by the end of 2024 through these new contracts, generating revenue of approximately $65 per patient per month at 75% gross margin.”
Sept 7 PR:"We expect to add over 3,000 pediatric patients to our iUGO Care platform by Q2 2024 through our existing contracts with home health agencies in the State, at an average revenue of $50 per patient per month at ~70% gross margin. Onboarding will begin next month.”