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 > video interview

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Comment by Qwerty54321on Jun 11, 2024 12:06pm

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RE:RE:RE:video interview

JMO, I doubt at this point adherence=revenue generator. It doesn't seem to quite add up based on the 20%/70% adherence numbers from the past. I am suspecting adherence just means interacts with the software even if that doesn't lead to something billable. I don't ever remember them defining what any of these words mean to them. Anyway there is an opportunity there with these clients and so many patients, that seems probable, Can they execute on that?

Imagine if the messaging had been to get 1 million patients under contract. Then to move on to 200,000 onboarded then moved on to adherence, then revenue. That would have been a closer guide to how the company would actually build and maybe look like an ongoing success story. They sold an immediate cash cow instead.

I like the suggestion the ongoing delay is to wait for a Q that shows revenue trajectory, could be a long wait.

EdinColorado wrote:
Agreed. But thanks to Eric... for uploadng the video!

I was disappointed because it seems the same line as floated in February is playing in June like bad recorded music. From this video, it appears the auditors are still running up billable time just as at the start of the CTO. The only optimistic observation is imagination...that there must be A LOT of financial transactions to audit for the process to take this long.

On specifics we can see: the investors have their money frozen and unable to sell in Canada if they choose to bail out, while BC regulators do nothing but allow the dinking and dithering to go on without end. Yet, the company is presenting at conferences trying to lure in more investment.

Crazy. Just crazy.