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 > Poorly run company is afraid of this

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Comment by Qwerty54321on Jun 26, 2024 3:39pm

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Post# 36107634

RE:RE:Poorly run company is afraid of this

If there's no substance it wouldn't matter if this was run by a bunch of saints there'd be nothing to invest in.

In the fireside chat the CEO said the plan had been to capture market share, which it seems they've done to some extent. That could just be talk to cover the lack of revenue though. But let's imagine that was true. The problem has been that in the past market capture has come with promises of big short term revenue gains as well which failed to materialize. A third expectation might be that they've done the market share capture, that NOW they can build revenue and that makes them a viable investment. The continuing delays make that look unlikely though.

EdinColorado wrote:
Hoping for a turnaround quarter would mean there is still life and substance underneath the s---show, which right now offers the main hope there is for investors, partners, clients they have signed on, and patients (if there are any) relying on the service.

If there is no substance there, then all of the above will have been damaged by serial lying with support by everyone from contractors & regulators to auditors. That should mean prison time for a few, not just a lawsuit. To believe this kind of conspiracy really exists takes a stretch that is just oo much for me to swallow.

I'm expecting an eventual bad news financial report from a company existing on life support, or a buyout at fire sale prices if there is substance that can be built and developed by a competent management.