Grosvenor Resource Corp V.GVR

Money narrative Reliq update

[aaaaaargh]

Garner whatever you all would like out of this nonsense...

https://themoneynarrative.wordpress.com/2024/08/02/reliq-health-technologies-rht-v-an-update-from-investor-relations/#more-4473

[lscfa]

How long will these large accounts wait for these bozos? They must be pissed with the pace of onboarding. And Reliq mgmt dares to continue to say clients are happy with the service. BS. "new large accounts starting after we submit our financials"

[lscfa]

Crossley & co. have been proven to be idiots when it comes to forecasting so why believe the 40% ebitda margin now? Maxim says 32%. PI Financial report June 2018 As it relates to margins, Management believes that they should be able to generate gross and Adj. EBITDA margins in excess of 80% once they hit full deployment with their existing customers (i.e., just over 60K patients; we

[lscfa]

After more than 2 years these bozos still have not completed FHIR standard upgrade. Reliq has been working on a new version of our iUGO™ software for several years and we expect to launch this calendar year

[lscfa]

  Significantly higher collections in fiscal 2023 could mean a double from 2022 which is still pathetic....    I will restate (this has been previously disclosed) that collections in calendar 2023 were significantly higher than 2021 and 2022.     2022 revenue 8,551,807 Starting receivables

[lscfa]

    2023 9 months 2022 2021 Revenue 12,331,798 8,551,807 1,462,165 Starting receivables 9,483,435 2,161,480 1,029,934 Ending receivables

[lscfa]

Breakdown of collections...     2023 9 months 2022 2021 SAAS Revenue 4,955,379 2,739,516 134,264 Starting receivables 2,265,836 2,161,480 1,029,934

[AricanTwin]

Collected 3m on hardware and up to 4m SAAS for a total of around 7m in 2021/22....... Lisa stated 2.5 million collected on hardware (maybe April 2023 webinar)....... so could be 10-13m for 2023 calendar year collected overall (SAAS alone would be over 6m if collected?)

[francoisl13]

Scott was expecting the first, of a series of, webinar to be in Auguest...well...8 working days to go...will see if they were lying (again).

[theinvestor22]

You and a previous poster seem to think that expectations are promises.  Do you actually understand the meaning of those words? I can't help but wonder, if they do hold a webinar before the end of the month, will you make a posting giving Reliq credit for nailing two in a row?  Nah.  Forget it.

[francoisl13]

Yes I will. I'm holding a fair amount of shares, like the technology and the market they are in. I dislike very much how they've been treating their shareholders and the investment community. They've been lying for a while now, let's see if this time is different... Nah....forget it ...

[theinvestor22]

Sorry if you or anyone else thought I was defending Reliq.  I was not.  I was defending the dictionary.

[Canadian_101]

I think  they seem to continually say things that do not happen, who the heck cares if its an expectation or a promise, they have been saying stuff for a long time now that has not happened. One would think that Scott from IR at this point  would be very careful with what he says, to say he expect's a webinar to happen in August leads one to believe a webinar will happen in Aug

[Mitch43]

FYI you are responding to the worst Reliq affiliated pumper of the Reliq stock and Lisa Crossley apologist. Reliq from from day one was setup as a pump and dump stock by the Thindal brothers and associates rather than a real healthcare CO, they netted some $19million cad from the scheme and are presently sued for it by the BCSC. Investor22, is/was a top protaginist supporting the scheme