Reliq Health Technologies Inc V.RHT.H

Fanofrht

[LARRY57]

I too am a significant shareholder,,since around 2016,,and have been through the ups and downs,,and have never sold,,,maybe. Just maybe. Our time has arrived,

[FanofRHT]

I too have never sold but unfortunately did purchase shares during its upward trend and have spent the last couple years buying in dribs and drabs to bring my average price down significantly. Should be well into the black soon!

[Ziondog]

Brings an interesting problem given the amount of volatility in this stock's history. Lisa notes the plan is to eventually list on NASDQ, and thus they will need a $5.00 U.S. stock. If the company continues to perform well, down the line they may choose to do a reverse split to get us NASDQ listing earlier rather than later. That can pay handsomely IF the company is performing well. I did well

[Mongoose]

Zion - Reverse splits have not been positive for me in 2021. 3 stocks come to mind - SCR, BRAG and VMC. All have taken a drastic drop when they announced a planned RS to get to Nasdaq. I know others will say the opposite pointing to other various stocks in their portfolio. Point is you don't know how the market will react to such news when announced. It really is 50/50.  To accommodate

[pantonor]

This post has been removed in accordance with Community Policy

[Ziondog]

Good observation. Thanks for sharing that, awful as it was to experience. My experience is that the benefit occurs when a reverse split puts the stock onto NASDQ but ONLY IF the stock is a desirable one to own with generous potential upside. If not, the investors get hung out to dry. Remember that this company ran up to triple the current price with zilch proven substance. It was ALL speculation

[Bookworm28]

The future looks bright. It's a good time for the price to be rising, as I'm pretty sure they need to raise money. Looking in SEDAR, their burn rate for the 3 months ending March 31, 2021 was just under $1M per month. They had approx. $2.4 mill in current assets. So, they probably spent around $3 mill in apr-june. That would explain the subsequent PPs for around $930K, post March 31. That

[theinvestor22]

3 quick comments: 1. Please look at the cash flow statement.  The burn is less than you think. 2. The burn should be slowing now that rev is going up, although collections will delay that somewhat. 3. If rev is ramping as quickly as they say, they should be able to borrow a little from the bank as you suggest.  They should be able to repay it fairly quickly.   I don't

[watch22]

what PPs have they done since March?  Do you really mean option exercises? if RHT is over 50 cents for 10 trading days, the warrants will be tripped and that brings in $2 million.

[lscfa]

The last time the co. had the choice to accelerate warrant expiry dates they did not. Lisa said in interview they do not like to do that to loyal holders.