TSXV:RHT.H - Post by User
Comment by
Mitch43on Jan 05, 2024 9:02am
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Post# 35812095
RE:RE:RE:RE:RE:RE:RE:RE:Is there any chance
RE:RE:RE:RE:RE:RE:RE:RE:Is there any chanceWrong, not a theory of mine... Just stating checkable facts if you are willing to do your own DD.
CEO Lisa Crossley was a Thindal controlled one from the start ... Reliq wasn't set up to be a health care CO.
The Hugo platform and its mission ( as they called it) if you watch the Reliq' video about how it's supposed to work.... No PHD needed to realize it can't work as explained, it was just part of the scheme ..
Most of Reliq's audited earnings came from Reliq constantly issuing new shares. even after CEO stated on several occasions that none would be issued in 2023 due to the CO having achieved profitability... Something I higly doubt will be demonstrated when the 2023 audited earnings report will come out if ever....
What is it you fail to understand when informed by the BCSEC the scheme allegedly netted around 19 million cad to the perpetrators, and the CO after having to restate some of its financials was penalized 2.5 million cad for it in 2018. Which the CEO at first claimed it was all due to false allegations which she vowed to fiercely fight in court but actually settled/paid out of court mentioning it would take too much of her time growing the CO and therefore wasn't worth it. despite the fact at the time Reliq had never really earned that kind of money yet.
Prior to Lisa resignation the BOD was basically Lisa and another of the Thindal linked associate...No new CFO/ accounting team replaced A.thindal, dig deeper and you'll realize Reliq never had enough staff to sign up their claimed long list of signed clients. Reliq' office in Florida and Texas aren't basically staffed, nor take any incoming calls/inquiries. (the CO explanation was because of Covid19)
All that should at least allow you to become sort of doubtful about it.