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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 > Can Lisa make this guy change his mind?
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Post by Aei773ou on Feb 25, 2021 6:52pm

Can Lisa make this guy change his mind?

In early 2019 fund manager Peter Imof, when asked about Reliq, commented that this management is shallow and he has not looked at this stock since sold all @ 1.65 in 2018. He then proceed to say sorry for making the recommendation. He was remembered as a bull of the stock and talked favourably about it many times on BNN in 2017. 

Lisa is apparently steering the new ship that is different from 2018. The investor presentation,  the PR promotions and the new contracts lately put us all back to 2017 again. The upcom8ng Q2 were told to be same as previous Q4 2020. As I said before last Q3 and Q4 was the rock bottom for the company when SaaS revenue was close to zero. Business can’t get any worst than these but to improve onward.  If upcoming Q2 stays same as last Q4 - as expected - so just look for next qrt. In May and should reveal more valid data. The webinar and the MD&A will move the stock instead of the Q2 financials. I am looking for Lisa’s updates on the cash flow and execution of existing contracts. I find confidence we should not be disappointed. So as Lisa does not want to be labeled as shallow, I believe.
Comment by lscfa on Feb 25, 2021 7:40pm
No. Imhof won't be sucked in with onboarding projections again. He will wait to see real cash flow that is growing. https://www.paulbenwell.com/wp-content/uploads/2017/11/Reliq-Health-Investor-Deck-November-22-2017.pdf  
Comment by mjh9413 on Feb 25, 2021 8:06pm
They sure are bold having another pre-market webinar!!! Trust they have  MUCH, MUCH BETTER progress AND A SOUND set of financials to show this time, else this will possibly be permanently broken without Executive Mgmt change.
Comment by Calgary1111 on Feb 26, 2021 1:42pm
She is well aware of what's at stake. I suspect the hiring of PR firms at this time was by design. right before the financial improvements can be seen, There will be dramatic improvements from last quarter.  Why would they get the word out to pump up the stock price just to dissapoint and fail with terrible numbers?
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