Reliq Health Technologies Inc V.RHT.H

RE:Lack of continuity in disclosure

[Reggie1]

Oh I think this will be a restatement of a lot of things and quarters. 

Terse - That is the companies communication model. 

For an audit to go on this long would suggest on a probability basis once again, that there are several things that do not meet the standards of accounting practices or interpretations need to be clarified. Something is clearly complicated and requires attention to detail to come out with a proper statement that meets the accounting standards required. 

Which fits with my previous comments that the leader of the ship was making calls on what was acceptable for accounting purposes or was guiding that process. But I could be wrong as well and maybe we are looking at minor revenue adjustments. But I doubt it. 

The other side of this story is hedge funds will investigate with the resources they have. And they have resources. They would find out the client base of RHT and start the process to see what is going on from a client basis. They would have people investigate the onboarding process, the service process the client satisfaction etc etc etc. And that could be done. That is the one thing that has always raised a question to me. Someone with the resources could do the investigation to see are people really using, and are they happy with the service? Think about the hedge fund guy in the Big Short played by Steve Careli. They have resources to investigate what is what if they want to put money into it. Hedgies would hire people to sit outside factories in China and count the tucks coming and going from factories etc. They have the resources. And a simple investigation calling a few hundred clients to get a sample would be all they need to see that this is either a very undervalued situation or its really not all that the company is talking it up to be. 

Anyway see what happens on the 14th. Or is it the 28th.....or is it 14th of Jan 2025?

I am looking forward to seeing this as I have been in and out since the whole debacle in 2018 or whatever. And will continue watching till it either succeeds or fails. 

Waiting and watching.