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.