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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 > Consistent pattern - explosive gains slow declines
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Post by Ziondog on May 13, 2021 11:28am

Consistent pattern - explosive gains slow declines

The sellers and bashers missed out again. Those of us familiar with RHT's pattern knew rhis was coming. If the coming report is finally grounded in profits this won't be followed by a long decay. Fortunately, this last decay brought things so low there is still time to buy. RHT is already my largest holding. Good luck to those who have hung on through the storm.
Comment by brain1926 on May 13, 2021 12:27pm
This stock was trading around $2.51 ..i think 2 years back they may have something......non one knows
Comment by Tdcpigc on May 13, 2021 4:58pm
Almost two time more shares since $2.51, 1.25 is new 2.51
Comment by Ziondog on May 14, 2021 12:49am
The $2.51 was reached mostly by speculation. The company suffered a steep learning curve on billing and had to deal with an ex employee who recognized their software was valuable enough to try to steal. Company won that battle with ex employee having to pay some damages but avoided prison. If the preliminary word of profitable by end of June is true, we should have a double at least. If not true ...more  
Comment by Tdcpigc on May 14, 2021 4:58am
Double for just profitable (=$500K/months), maybe but would mean $200 millions company value so around 20 times expected CY21 revenue  ... very high ratio. Even DOC a Canadian telehealth sucess story is worth 3 times expected annualized revenue run rate in 2021. Strong 2021 expectations with annualized revenue run rate exceeding $120 million and positive Adjusted EBITDA
Comment by brain1926 on May 14, 2021 8:41am
“The Company remains on track to reach profitability by the end of June 2021, which is a key milestone for the business. Achieving profitability is the first step on our path to uplisting to the NASDAQ and will enable us to begin the application process. Reliq expects to generate revenues of approximately $11 Million in calendar year 2021 with gross margins of 75% and EBITDA margins of 45% by the ...more  
Comment by Ziondog on May 14, 2021 3:05pm
Went past 70 cents US on much less substance not long ago.
Comment by Aei773ou on May 14, 2021 11:02am
When the stock begin to lift, from your rear mirror, thanks for your consistent pattern claim, good job! Be a good man and next time give warning early so gain credibility. The stock is Not oversold for a while.........it just got oversold two day ago. The obvious trend has been to suppress the sp until it is oversold and just below the 200 day moving average. Then the PR comes out and not well ...more  
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