Reliq Health Technologies Inc V.RHT.H

A few quick points...

[theinvestor22]

1. It was mentioned earler that the company should have raised guidance because it has announced additional contracts after that guidance was released.  Since Reliq includes unsigned contracts in its guidance, that suggestion doesn't make sense.  Perhaps Reliq shouldn't include estimated contract executions in guidance, but it is what it is.

2.  It was stated earlier by the same poster that Reliq's clients are under no obligation to onboard anyone after a contract has been signed.  This should be obvious as well, but let's examine it further.  Reliq signs a contract with a client.  After that, the client approaches patients to offer them the service.  If an eligible patient accepts the service in writing, they get to be onboarded.  At the point of contract execution, it would be impossible for a client to know the exact number of patients who would sign up, therefore to think each client should be contractually liable for any number of sign-ups doesn't make any sense.  So, while the poster in question might think he's revealing a hidden truth, in fact he's not.  It's obvious.  Having said that, one wouldn't expect a client to go through a thorough review of available options, select Reliq and execute a contract without the intention of proceeding with the service.  That should be obvious too.

3.  Now for my own commentary.  These SaaS companies, if and when they gain traction, can be fast growers and real cash cows.  It's taking a while here, but things do seem to be coming together.

[vitalina2233]

I like door #3 your commentary. Its taking awhile but as i said in a previous statement,im here for the long run for the big pay off. When people say .30 cents,i wish,ill scoop all of them Papi

[SR71BlackBird]

If you have been watching the Level 2 activity, it's very clear that people who hold this stock are simply not selling. Nobody is really interested in selling until it hits $0.60+. And even then, there is not lot for sale. I feel very very good about where this is going. IMO. 

[EdinColorado]

When it goes to .60, I think that will be seen as just a waypoint on a long hike upwards. I won't be selling there either. IMO, showing profit is the most important thing the company can do for share holders. 

[FanofRHT]

Blackbird - I agree with your comment re selling. I believe there are many of we "longs" on this BB who usually say very little but continue to believe in its superior technology and knowhow in remote patient monitoring. Like you, I feel very good about where Reliq is going. GLTA

[lscfa]

So why has co. excluded Blum (50,000 patients) and MaxMD (clients in all 50 states) from current guidance, numbnuts? It's because they have moved on.   

[Lifeboat1]

theInvestor22 Great post as always.  In the US no healthcare contracts are guaranteed.  Patients always have the right to opt in or out of any service.  The poster who keeps bring this up is always providing at best half truths. Reliq has been very open about where the patient numbers come from and what they mean.  They aren't hiding anything.  If they get a fraction

[Lifeboat1]

Just to reiterate the poster who focuses on all the wrong things.  If My Company only lost 2 out of over 100 clients during the pandemic that would be considered an exceed expectations.  We lose more than that during a good year. Lose 2 customers a year and add 100.  I like that math.

[lscfa]

Reliq has lost more than 2 clients, dumbass. Co. only addressed the 2 lost clients that the short report named. Bloody co. will not volunteer info. You have to catch them in lies before they will disclose.  

[Lifeboat1]

To the poster who calls everyone dumbass but is actually the one who is proven to be wrong, intentionally misleading or just plain sloppy in their DD. How do you know the Company lost more than 2 customers?  I am sure the shorter report contacted all the customers they could and only ended up with 2 who said they were no longer using the product.  We don't know the circumstances

[EdinColorado]

Nice post, once again, investor22.  Whether the suggestion did or did not make sense, I am personally glad that guidance numbers never changed. I think past lessons of overpromising based on what proved to be too much too fast optimism have now been learned because they proved costly to all of us. I'd rather the company undepromise this time and meet or exceed expectations at the end of