Reliq Health Technologies Inc V.RHT.H

The Bull Thesis

[knicksman]

I know it doesn't feel like there isn't any...but...for fun.

The company started to onboard patients in October. Onboarding accelerated in November. iDocsWeb patients will be onboarded in December. By the time we are midway through Q2, the company will have onboarded ~10k patients @ $50 per month. That means the company will have onboarded 10k patients in about 6 months. Onboarding was never expected to be linear...so lets assume the company onboards another ~20k in the next 8 months. By the end of C21, we could be exiting the year with run-rate revenues of $20 million at 80% gross profit.

They would be able to double that again next year.

Again....bull case...

[knicksman]

For context -- CloudMD will generate about $40 million of revenue in 2021 (50% gross margin) and is valued at $400 million. 

[lscfa]

Share dilution has increased the level of revenues required to justify share price.     Annual revenue 6,000,000 12,000,000 18,000,000 75% Gross margin  4,500,000 9,000,000 13,500,000 overhead

[aaaaaargh]

I always enjoy the work you put into your spread sheets.   However, by the time they actually reach those revenues (if they ever do at all), shouldn't the share count be more like 3-400,000,000, seeing as how that is how they pay their bills?   The goods news is that the quarterly loss per share will eventually improve to round to 0 as we approach 1 billion shares

[lscfa]

I'm using a diluted share count so there is an assumption that cash proceeds from exercise of warrants and options will help fund operations.    

[Jamesedgar1]

Looking at the many recent "Total Fluff" pump and dump posts here of which identical posts are showing up on DOC and WELL, I thought it would be a good idea for new players to this company's shares to have a look at a post from Dec 1st  by an intelligent long term, experienced investor and frequent poster on this board..... It's nice for the longs who managed to get in at a

[Aei773ou]

A lot of those jump on this bandwagon very recently are short term traders whose attention is to ride the wave up. Then when they see the tide changes they will be the first short sellers. I am perfectly with you to be very careful. However until March for Q2 it is all technical trading and attenuated by news. Fundamentals will once again dictate the price when the market evaluates the financials

[TicTacTo]

Joy of small cap and their only interest, rapid surge wave (when happen),but as usual need to book profit. Always surprising on many many many stocks, investors looks price decline by 90% without exiting. In some interview most fund exit around the top above $2 and dump hot patatoes to retails.