Reliq Health Technologies Inc V.RHT.H

Alternate Symbol(s): RQHTF

Healthcare Medical Devices

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.

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Reliq Health Technologies Inc > Interview with interim CEO

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Comment by Reggie1on Feb 14, 2024 9:20pm

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Post# 35881014

RE:RE:Interview with interim CEO

You are correct. There was no control. Just think the former CEO is still actually getting paid some money.

All those contracts and the terms. All thos contracts that people were impressed with, even me. Are not being accounted for to aceptable standards. They were all deemed to pay in full with very little allowance for doubtful accounts with a less than 70% adherence rate.

And the former CEO is still getting paid.

lscfa wrote: The discovery by the auditors of a total neglect of internal financial controls makes me think the auditors are making the co. implement the controls and then making co. reprocess every damn transaction over last 12 months of fiscal 2023 using the new controls so auditors can verify system and no.s work.

Nov 14/23 - As previously disclosed, we recently completed a private placement to allow the Company to expand its US Operations team. The existing US team has spent a significant amount of time working with our customers, suppliers and partners to provide documentation required for the audit and to coordinate virtual meetings between a number of these groups and the auditors, which has created a bottleneck in the audit process this year that we will ensure is addressed through our new hires.