TSXV:RHT.H - Post by User
Comment by
francoisl13on Jan 17, 2024 1:53pm
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Post# 35831756
RE:thanks Francois and Iscfa
RE:thanks Francois and IscfaYou're welcome (even though my reply was kind of short...).
The only way RHT could reassure the shareholders and investment community is by;
1. Provide the financials that are overdue along with clear explanations about how they will report hardware/software sales in the future;
2. Once done, clearly state that moving forward the company will communicate accurate information about signed contract that would include realistic on-boarding #'s;
The points above are critical for RHT in order for them to be trusted again.
I (kind of) understand the small investors community frustration. A lot of people were buying into this company story hoping to become milionnaire over night (we can blame the previous CEO for part of it but ultimately, she was not placing orders for any individuals to purchase shares of RHT -- individuals investors have only themselves to blame at the end of the day.
Nobody knows what is coming down the pipe in regards to the financials to be reported. We also don't know much about the interim CEO and what his vision is for the company. The only thing we can all do is sit tight, wait until the financials are published, evaluate the numbers, look at how they are now communicating (fins, news, etc...) and then re-evaluate our investment into this company.
P.S. For my part, I still believe in this company future even though we could be riding on a bumpy road for a little while.
GLTA