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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

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Post by odzie1 on Apr 27, 2022 8:01am

New contracts

Ho hum. More new contracts again. Maybe 10 million extra per year just in the last two weeks alone. Lots more to come. No big deal. Such is the pathetic state of the junior markets.
Comment by GustheGreek on Apr 27, 2022 8:12am
Yeah, pathetic is right. Plenty of stocks have been way oversold lately including reliq. Bought more yesterday, not much but accumulating as much as possible. There will be a pop coming soon, maybe the upswing starts today. GLTA!
Comment by lscfa on Apr 27, 2022 11:37am
if they don't update guidance soon after all these new contracts then something is seriously wrong.
Comment by Humanist on Apr 27, 2022 1:10pm
i agree! so many contracts recently and nothing good is happening, trending down no matter what. we cannot blame the downtrend on the mkt bc when it goes down, it doenst recover when the mkt recover. it must be soemhting internally. and we dont' have a clue.. i was goingto add at these prices, but not comofrtable doing it
Comment by lscfa on Apr 27, 2022 1:56pm
In Jan 2021 co. forecast $11 mil and $32 mil rev for c21 and c22. In the fall co. went mute on $11 mil for c21 but bumped c22 rev to $40 mil, presumably due to large equipment order being bumped from 2021 to 2022. Co. has not updated guidance since then for c22 or the $65 mil for c23. W-T-F?     Announced Patients ...more  
Comment by Humanist on Apr 27, 2022 3:07pm
Exactly, many promises of onboarding, revnue guidance, cash flow etc.. and none has been met.. i just hope things don't repeat theselves whe they had the big prblom internally andthe stock fell from grace in the eyes of all analysts.  the day i see an anlayst actually covering, i'd know thy've regained mkt trust/confidence somewhat.
Comment by Smallcapguy101 on Apr 27, 2022 3:18pm
Agreed all these new contracts that will be onboard after a month for the same revenues. Someone should email IR this table. I dumped 90 percent of a very large position after the last earnings due to lack of trust in CEO. Publishing contracts and misleading promotional videos will not help this stock. Investors want to see free cash flow generation not revenues tied up in account receivables.
Comment by vitalina2233 on Apr 27, 2022 5:00pm
I did and mentioned what humanist and aaaaaaarg said  Papi
Comment by Rabe136 on Apr 27, 2022 5:14pm
This is a good stock and why this is going down? They have a lot of new contracts
Comment by lscfa on Apr 27, 2022 3:27pm
Not raising revenue guidance suggests that many of these new contracts are offset by the loss or deferral of older contracts. Co. finally admitted that the 2 contracts pointed out by the short report are stalled. There are probably more than these 2.  
Comment by aaaaaargh on Apr 27, 2022 4:00pm
And she actually did change guidance this year.  You of all people know this.   She didn't change the "number", but she definitely changed the definition of what guidance is made up of....
Comment by EdinColorado on Apr 27, 2022 2:16pm
Reliq was outperforming NASDQ until before the orchestrated hit job by White Diamond "Research." As the effects of that wane, I expect that trend to return.   For a new buyer, this is a rare opportunity. Holy s--t! They will be buying shares for about half what the president herself paid when she exercised her options a few weeks ago. Lisa knows where this train is going and ...more  
Comment by ol_griz on Apr 27, 2022 2:23pm
This is the behaviour of most of my sub $5 stocks currently (and I mean since August 21).  Retail buys on hype and big moves up.  The first flattening gets them at least nervous and even a small correction starts the selling.  Then they are reluctant to buy having lost already.  Add in the overextended facing margin calls and you have selling of anything that's not blue ...more  
Comment by EdinColorado on Apr 27, 2022 4:19pm
Looks like unloaded shorts at last minute...just not last enough to prevent  a few watching closely from getting a record bargain before closing bell. Contracts translate into revenues, jbut ust not immediately. We are headed the right direction.
Comment by vitalina2233 on Apr 27, 2022 2:38pm
This stock is being gamed with.all these new clients and contracts,yes it should be alot higher. But when people are permitted to misguide  you with a short report and then the bashers who  have a bone on for Lisa,its  hard to go anywhere until we get such a great release and i mean great where the shorts must cover and the Lisa fanatics will be put to bed. Just my 2 cents Papi
Comment by throwin on Apr 27, 2022 3:35pm
Maybe you and your little shorting buddy should go spread your bs somewhere else. too funny these trolls.
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