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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 > Skeletons and BSsc
View:
Post by PuerSimia on Aug 01, 2023 4:05pm

Skeletons and BSsc

I recently returned from holidays, and saw the NR about the pump and dump by some cowboys between 2017 and 2019. Then a $2.5 million settlement in Jan 2022, and an NR from the company about partnering with Data Soft Logic. The title of the release saying..."to Add over 50,000 New Patie per year to Reliq's iUGO Care Platform"

So what's the scoop?
 

What's the scoop? My initial thoughts are we're victims of the pump and dump scheme, but paid the $2.5 million class action suit to avoid the distraction of litigation. Is everyone else feeling the same?

What's the consensus on the July 31st webinar? They're not filling financials until end of October? Doubling of revenues over the last year sounds great! Profitability now also sounds great. No firm number on the number of clients on the platform? May be a 3-4 years process? Adherence and bill collection seems a bit murky.

Apologies with repeating already discussed topics.

Overall, a mixed bag. 3-4 years is forever in the micro cap space. What's the next catalyst to look forward to?

Thanks in advance for opinions.

Comment by Lifeboat1 on Aug 01, 2023 5:03pm
I am not sure why everyone is hung up on the 3-4 years to get to a million patients.  It not as if nothing will happen between now and then.  The whole point IMO of that comment was to reinforce that their cleints's patients under contract will be onboarded and provided timing.  If you look at what they have disclosed.  I am aligning the patients on when they were billable ...more  
Comment by Peggy123 on Aug 01, 2023 7:21pm
    My opinion   Go back on holidays  Papi
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