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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 Lifeboat1on Oct 23, 2023 5:39pm
107 Views
Post# 35697178

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

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

Mitch - You can't even get basic facts correct.  The Company before Reliq was Moseda not Modesta.  The Company has never restated revenue and was never "penalized" for such.

The actual facts are the Company's clients had ineligible patients on the platform and were unable to bill for them.  The Company moved that booked revenue to bad debt which both the TSX and BCSC agreed that they correctly recognized the revenue.  No restatement.
 

There was a class action whic the Company settled for 2.5 million of which almost all of it was paid by insurance ornforer employees who committed fraud against the Company.  The class action lawyers admitted their case was weak in the settle documents

Even if some people associated with the Company 5 years ago  did pump the stock (not illegal to promote the Company) and then sold before bad news came out does not mean that a real and viable Company was not being build by the management team.

We don't know a lot about their customers and partners but digiMED is a real company and has put out glowing reviews of Reliq in press releases and has done an interview promoting Reliq on BNN.  digiiMed is owned by a Company in Puerto Rico that is a major supplier to hospitals in Puerto Rico.  If there was no Company Cognizant would not be working with them and have their CEO highlight Reliq on an earnings call.  These are real and verifiable facts.  You have no credibility when you claim it is all smoke and mirrors.

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