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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 > 100,000 patients by year end?
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Post by lscfa on Jul 14, 2022 10:28am

100,000 patients by year end?

= $5 mil/mo revenue.  Co. said they were at $2 mil/mo at Jan 01 but revenue lags. If Jun qtr does not show at least $6 million then co. is full of it.
Comment by 3burtc on Jul 14, 2022 11:06am
Here is your problem, you do not determine what the numbers are. Btw, the most important stat is how many patients and why the hesitation to say what the numbers are. They are obviously better than what's being stated for dec.31. They just added 24000 patients and that somehow doesn't increase the year end total? Wtf?
Comment by Expos44 on Jul 14, 2022 11:35am
I believe for many, not saying who, is that there are multiple steps in regard to revenue generating clients as clarified by IR some time back to me personally and as I understand in their last online presentation/live questions from investors/potential investors. The signing, the onboarding, the 30 day avg delay once onboarded to recieve payment, all this aside from the hardware arrangements and ...more  
Comment by 3burtc on Jul 14, 2022 12:15pm
I'm Also curious how you would know what the numbers are for the year end?
Comment by Expos44 on Jul 14, 2022 12:45pm
Like any other company would forecast. I would also assume they know what is onboarded presently along with assigned resources to contracted (and pace of those) to come to a number. Now this is my assumption of course but reasonable.
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