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Bullboard - Stock Discussion Forum 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... see more

TSXV:RHT.H - Post Discussion

Reliq Health Technologies Inc > $ 3 million for Clients / Partners = ROBUST ONBOARDING
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Post by Hiddensecrets on Nov 02, 2020 12:59pm

$ 3 million for Clients / Partners = ROBUST ONBOARDING

Four (4) Clients / Partners do not suddenly wake up and decide to give you $ 3 million. 

Lisa said that the 4 clients / partners approached them in August 2020, which was the same time that Lisa invested $ 50,000 on the open market on Reliq shares.   

These clients and partners performed a detailled due diligence on the companies operations in August, September and October 2020.   They are aware of the onboarding details.

For them to invest $ 3 million, it means that they see $ 30 million.

Unfortunately shareholders at this moment do not have access to this information as financials reported ended on June 30, 2020 and, the action began in July 2020 when 2,000 devices were sold followed by robust onboarding. 

First hint is with financials a the end of the month which will show operations at September 30, 2020, we will finally be able to see what clients / partners see. 

There must be some pretty ROBUST onboarding and sales numbers to convince clients / partners to ask for Reliq shares of $ 3 million. 

The hint of cashflow positive for Q1-2021 calendar is a pretty powerful hint that Reliq is operating on all cylinders and remember that Lisa said in August 2020, again in same timeline, that Reliq will catch up to Livango very quickly.

So what has happened in July, August, and September to spur such a demand in Reliq stock?

MPO
Comment by lscfa on Nov 02, 2020 1:17pm
If these partners are aware of some better no.s later than June 30 then Lisa should have made them pay a damn premium price for their shares. She's selling out existing shareholders.   
Comment by Hiddensecrets on Nov 02, 2020 1:27pm
They could only have charged a premium had they executed on their business model in a flawless manner.  But they had several major hiccups along the way before finally figuring out the business model that works and, clients / partners are sharks so they saw an opportunity and took advantage of it.  What I keep in mind is that clients / partners are investing $ 3  million therefore ...more  
Comment by FanofRHT on Nov 02, 2020 7:52pm
Hiddensecrets - Well, if nothing else, you are very consistent regarding Reliq's potential, I only wish I felt as positive as you even though I too strongly believe in the technology but.....  I agree, no clients/partners would be investing $3 million because they are good guys, they obviously feel/know from some source or other that Reliq's potential justifies their quite ...more  
Comment by BuyorSell77 on Nov 02, 2020 2:47pm
This post has been removed in accordance with Community Policy
Comment by Hiddensecrets on Nov 02, 2020 3:39pm
Only a person who is completely IGNORANT of business would present your argument. NO ONE in their right mind would invest $ 3 million in a business because they feel sorry for you or, because you are on your last leg in business and they suddenly have a desire to commit suicide.  What triggers a person to invest is:   GREED And the bigger the demand, the bigger the GREED. Which ...more  
Comment by TicTacTo on Nov 02, 2020 3:50pm
Ignorant people do not see interest to enter at $1 for $10 million PP, fund jump in exit above $2 and stock trail at 20 cents and many longs retails got it in the as$. Nobody say there is not a game to play around 20 cents, but stock could see lower and there is absolutely NO CERTITUDE. A risky small cap investment as many others, sometimes win with big rewards but could fail. Only for ...more  
Comment by BuyorSell77 on Nov 02, 2020 9:31pm
This post has been removed in accordance with Community Policy
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