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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 > more options exercised?
View:
Post by lscfa on Dec 29, 2020 7:41pm

more options exercised?

 
                           
                           
Reliq Health Technologies Inc. ( RHT )                    
Listed Company                        
                           
  MARKET CAPITALIZATION                    
   Show Market Cap based on date range selected below                
                           
  Effective Date Expiry Date Authorized Shares Issued Escrow Last Price Market Cap** Float Quoted Market Value*** Description      
  27-Dec-20   Unlimited 162,758,149 4,155,853 0.425 69,172,213 67,405,975.80 Endeavor        
  21-Dec-20  26/Dec/2020 Unlimited 161,658,149 4,155,853 0.335 54,155,480 52,763,269.16 Endeavour      
  20-Dec-20  20/Dec/2020 Unlimited 159,958,149 4,155,853 0.34 54,385,771 52,972,780.64 Endeavour      
  17-Nov-20  19/Dec/2020 Unlimited 157,101,873 4,155,853 0.255 40,060,978 39,001,235.10 Endeavor Trust      
  11-Nov-20  16/Nov/2020 Unlimited 146,464,817 4,155,853 0.235 34,419,232 33,442,606.54 Endeavor Trust Corporation    
  21-Sep-20  10/Nov/2020 Unlimited 145,669,817 4,155,853 0.235 34,232,407 33,255,781.54 Endeavor Trust      
  09-Sep-20  20/Sep/2020 Unlimited 145,199,817 4,155,853 0.245 35,573,955 34,555,771.18 (not available)      
  19-Aug-20                        
                           
                           
                           
                           
                           
Comment by rex50 on Dec 29, 2020 10:57pm
Why would consultants put almost half a million dollars to exercise over a million options at 42.5 cents and take risk in this company with almost no revenue ? Unless these consultants or investors are pretty sure about near term contracts executions?
Comment by aaaaaargh on Dec 29, 2020 11:35pm
Comment by aaaaaargh on Dec 29, 2020 11:37pm
There is only one reason. To sell those shares at these prices. Even if you believe in the company, there is no risk to holding those options as they were....
Comment by theinvestor22 on Dec 30, 2020 9:35am
rex50: you make a very good point. lscfa: If you don't own shares, you're wasting your time here.  If you do own shares, then just pretend Reliq has 200M shares outstanding and then sit back and watch the story unfold.  It seems you're sitting at home with some kind of dilution grudge match going on.  I know, it all started in your head when the company said a while ago ...more  
Comment by lscfa on Dec 30, 2020 11:05am
The options don't expire for years so someone is exercising now to sell the shares now.    
Comment by trade2win2 on Dec 30, 2020 11:19am
Yes iscfa that is one option , but there are other reason such as locking in smaller profits for capital gain reporting and moving the  shares to tax sheltered accounts at lower prices. Etc
Comment by lscfa on Dec 30, 2020 11:27am
Options being used in lieu of salary so employees exercising immediately.       From: Investor Relations Reliq Health Technologies Date: December 1, 2020 at 9:25:17 AM MST To: Xxxxxxxx Subject: Re: Shareholder Question   Hello Xxxxxxx,   Salaries are down due to streamlining operations and many contract employees ...more  
Comment by aaaaaargh on Dec 30, 2020 11:40am
Exactly. This is how you get to cash flow positive with little cash flow. You pay your bills with shares.....
Comment by knicksman on Dec 30, 2020 12:52pm
The stock has doubled in two months. And here you guys are stuck in a time capsule of May 2020 rehashing all the same garbage. Yes, options as compensation. All start ups do it. Meanwhile, I'm doing the math on how much money they'll make in the second half of 2021...and this stock is still cheap. Move along guys. 
Comment by watch22 on Dec 30, 2020 1:15pm
kick, I've only been a holder for 3 weeks... and I've also been trying to do the numbers... clinics / clients (potential, or does everyone get pushed to the platform) / revenue... and I have nothing but a few sketchy data points. I'm curious as to what you see as the potential? I certainly see another WELL type story here... maybe even bigger. thanks
Comment by Ziondog on Dec 30, 2020 2:18pm
I've been a long term holder. Originally I thought it was a high-risk high-reward investment. Later I resigned myself that I'd just lost so much that I might as well keep it all as my ace in the hole for whe I needed a big long-term tax write-off. This past ten days is indicating that I might be paying a lot of tax in 2021 if I sell anything-- LOL! A story I don't understand being ...more  
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