Reliq Health Technologies Inc V.RHT.H

RE:RE:RE:RE:Reply from Bruce as i said id do

[Lifeboat1]

Reggie1 - Based on your posts you do not really understand the healthcare market or small tech companies in general.  Of course Siemens and GE finance their equipment.  You would have to be seriously naive if you thought doctor's office bought equipment in full up front.  Some may get their own financing and I assume down the road the larger clients will do that so they aren't paying so much to Reliq for equipement.  If you think that healthcare services are the same as plywood durimgnCovid you really don't understand the market.  Most telemedicine platform suppliers announced free service during Covid so Reliq was not different.  They didn't provide it free just deferred payments.

All you need to do is look at the financials to see half the AR will go to AP.  It doesn't take a genius to figure that out.  It is a portion of the AP and future cash flow that is funding future growth which is why they needed cash in hand to accelerate that.  Even a well run profitable company can run into cash flow issues when growing due to mismaches in growth rates, costs, payables and receivables in the short term.  Best decision the company made strengthening the balance sheet.  Give their customers more security to hand over more and more business.