Reliq Health Technologies Inc V.RHT.H

50k patients*60 monthly rate*12 months=36m USD*1.29=46m CAD

[mingzhu]

eom

[cpac]

I was using USD and was assuming $50/month/patient... but with your numbers, my comment is even more compelling... most stocks where a contract worth half your market cap was announced would have been up AT LEAST 30%  that day.  Market DOES NOT believe these contract announcements and that's the company's own fault... quarterly revenues should be WAAAAAAY  higher than what

[mingzhu]

It entirely depends on how long revenue is delayed, 3 months ? 6 months? Take phone company for example, you sign up for a phone company (onboarding), after a month, it sends you a bill (receivables) in a couple of weeks. The fee will be reflected on company's revenue in one month and half. But for  subcontractors (doctors and homecare agencies), it  takes double time -3 months.This

[teeswater]

All the darned Co. needs to do is put out a release explaining the onboarding to revenue collection lag period, which they should have figured out by now

[Humanist]

i am starting to think this company cannot seem to get off the ground.. the promises have been coming fo sooooo loooong and often missed, it seems as if  history repeating itslef.. ?  i don't know but starting to doubt a lot ..and we're heading into fall. and you know fall time mkt is very volatile andthe trend usually is lower.. so i hope we get some good news before end of the

[teeswater]

That is true, starting to make this a trading stock instead of a long term investor. I believe it will do well but not until Lisa provides full clarity. If it takes 6 mths for revenue recognition, investors would be fine with that but all the promises she puts out and then fails miserably has set this stock up as a shorters wet dream, and Lisa is to blame. Now if they put out the hardware deal

[RealityBitesHar]

Lisa has stated that revenue is recognized 2-3 months after onboarding.

[teeswater]

Well, a response to my friend from IR states 4 mths, but in reality I believe it is more like 6 mths bc LC also said it takes 2-3 mths for the seniors to adapt to using the technology properly, and then a few more mths for payment from medicaid/care and then 60 days to pay Reliq. They really need to spell this out for investors ASAP. The reality is if these contracts are all real, and I assume

[3burtc]

Teeswater and other aliases use this site as their boiler room. They are intentionally selling you, me and others misinformation hoping we sell or don't buy the stock. Be extremely cautious especially when it comes to claims that are not confirmable. Gl.

[mingzhu]

Yes theoretically,  on the condition that all procedures from doctors service to billing Medicare to RHT receivables run smoothly without glitches, but acturally may not in the initial stage. It is likely a regular onboarded  customer receive vitual service in Jan, and RHT gets fee in March--2-3 months. So Lisa is right here. She cannot mornitor each patient for exact timing. CFO may

[RealityBitesHar]

CDN $920.00 per patient per year X 250,000 patients by end of 2023 = BIG $ 100,000 by the end of this year, 200,000 by mid 2023 plus the 50,000 just announced. WE WILL BE NOTICED, time is on our side. Cheers