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Reliq Health Technologies Inc V.RHT.H

Alternate Symbol(s):  RQHTF

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.


TSXV:RHT.H - Post by User

Post by EdinColoradoon Jul 06, 2024 2:42pm
296 Views
Post# 36121235

Serving up a" Something" MacNothingburger

Serving up a" Something" MacNothingburger

This is the summary from Money Narrative: "Investors are very concerned while Reliq Health’s financials continue to be delayed and the Cease Trade Order remains in effect. Perfectly understandable. Is this scenario going to end in disaster? We think not, although corrective measures are being taken and positive results have certainly been considerably delayed over the years."
 
Translation: "Yes…We have a menu. We know you might be hungry, but the food delivery truck has been AWOL for months (not weeks) and the electricity is out in the kitchen. It's a bit like the Hotel California...You can get in, but you can never leave."
 
Still, we are featuring...a word salad with the nothingburger side: "I can not provide specific timing on completion of the audit but we expect to complete it shortly.  While we understand that management has been stating the audit will be completed shortly for several months that has been our expectation at the time it was stated."

There is an encouraging sniff of something way back in the kitchen. Maybe they brought in a wood stove or a charcoal grill, or maybe the odor is an aerosol burger fragrance sold by Glade. But regulations forbid anyone going into the kitchen to find out. You know, we have regulations but no regulators. Still:  "The Company continues to add clients, provide services and collect revenue.  We add approximately a physician a week, have expanded 2 of our larger contracts added last year and are expanding into several new states which we expect to announce shortly.  The business outlook continues to be excellent with leads continuing to come in primarily by referrals.  We have added additional sales staff on the west coast due to high demand." 

Please don't even think to ask "Where's the beef?"

 

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