Reliq Health Technologies Inc V.RHT.H

Technically

[Nicksonsnowboar]

Has broken .51 with conviction and  further downside on weak volume looks evident in the weeks to come. This is being supported by the fact that any news of substance is highly unlikely and or believable. It's a long run to the next report.

[EdinColorado]

When you risk losing trust, you've just risked losing the ball game. 

[Nicksonsnowboar]

As expected PR would have no effect on its share price ,downside is unlimited at this time .

[Mitch43]

Yep,and it seems Reliq will soon be hit with another class action for propagating misrepresentations. which it will again blame its  pumpers for it! This CO has been built from day one out of  smokes and mirrors... and the main reason it lasted so far is due to the simple fact there are new gullible suckers born every day...

[theinvestor22]

I think you should go back to investing 101 and re-learn your arithmetic.  If you own shares, the downside is always limited and the upside is by definition greater.  Upside potential is not always realized, but arithmetic is still arithmetic.

[Nicksonsnowboar]

Gotta remember that you are dealing with a spec stock.  Number of rules do not apply.This as many spec stocks hit a high on guess what speculation.  Again results no where near expectations and it's a long way to  October not that this is going change anything.  Frustration sets in  people begin to bail to go on to the next thing. Today would be a good example of

[Mitch43]

Not enough Price spread (0.005 cad) to average down substancially, then when you look at the volume (140K) somewhat higher than usual with the result of the SP being  down, it indicates a sell off tendency rather than the opposite. If the CO had some cash on hand as some of the pumpers claim,  it should buy back some shares to stop the SP decline...in case that is not doable, we can

[EdinColorado]

There's arithmetic...and there is also numeracy. Possible to gain more than 100% but easily possible to lose 100% too. Currently, this is in the portflio destroyer category. If they continue to build customer base, their base and their software might make them a takeover target while cheap. QIPT could complete their niche because they do mostly now what RHT does not do, and they are in

[francoisl13]

Point to note for today's trading volume, there is about 4X to 5X more volume / shares traded on the alternative exchanges...not good when people don't want the market to see their trades. There must be something cooking that's for sure...

[ol_griz]

Yikes!  QIPT is scary enough without taking on this black hole potential.  Just when things are looking up?  No thanks! (FYI I hold both).

[Mitch43]

When I exposed Reliq for what it is really  , a pump and dump Co masquerading as a health Co, Most  posters particularly the Reliq affiliated pumpers ( they know who they are) tried to ridicule me. The only thing I can say at this point is that short of selling the CO even for next to nothing, all shareholders ( including me) will end up as bagholders.

[TheBridge]

Mitch43, not ridiculing you or anyone else here, not pumping Reliq, don't think Reliq is masquerading as a health company, and hoping not to be a bagholder but averaged down today at 45 cents with a smaller purchase. I enjoy taking on risk, enjoy making a profit and do not enjoy losing on any investment. Oh, and of course I hope those holding this share (that includes me) can come away with a

[Mitch43]

I already warned you  on 2 occasions as well as others.... feel free to do anything you want since in your own words you enjoy taking on risk, I'm even wishing you good luck..... I tried in vain  to sell the last half of my original large position for the past few weeks.. how can you average down when the spread of the SP is 1 to 2 cents per trading session, while overall the stock

[TheBridge]

Mitch43, thanks for the prior warnings. However your posts encouraged me to finally contact investor relations to let them know that I would like to follow their company slogan of " Be a part of the Reliq success story" and asked for an explanation of why revenues and profitability were not increasing in relation to what could be expected from the press releases.

[TheBridge]

Well, I got a fairly prompt response from Investor Relations today And here is the response to why revenues and profitability were not increasing as one would expect from the company press releases. Response: "Thank you for your interest in Reliq. I would suggest you review the Company's financial statements. Revenue has grown every quarter for 2 years and revenue doubled YOY. Reliq has

[teeswater]

so helpful

[SISBOOMBAH]

For Q3-2023, Operating Cash Flows showed a loss of $1,235,809. For Q2-2023, Operating Cash Flows showed a loss of $2,676,010. For Q1-2023, Operating Cash Flows showed a loss of $1,333,593. For Q4-2022, Operating Cash Flows showed a loss of $1,607,104. Maybe for Q4-2023, Reliq will collect enough cash to cover expenses. Reliq has lowered its losses, but Reliq's ''profits'' are

[Humanist]

this means their  model is not working efficiently to make money and possibly broken.. with all government in the world trying to save expenses in healthcare, (which rht advertise all the time) why are patients, clinics, hospitals etc.. not buying into the model if its efficient and saving them money?  after the drop of rht stock in the past week and not a word from the company mgnt

[Mitch43]

@ humanist, As much as I hate to mention it to you for I was caught as well by all its bogus misrepresentations. , Reliq from its inception in 2016 has been a pump and dump Co masquerading as a health Co. built up out of smoke and mirror..

[mjh9413]

Well, you seem to be right as there is always a lot of pump type news and comment in the NR's but I get that lurking feeling, particularly as forecasts are never reached and receivables continue to grow, that actual bad news is just waiting to happen. Just my opinion and feeling...

[Lifeboat1]

A pump and dump and smoke and mirrors with major US health care company customers and Fortune 500 partners.  You are so wise.

[Tropicalsun]

Oh I could not resist posting after reading this message from the number 1 board favorite. Mitchyboy now claims that he sold half of his large phantom position, but also claims that he was unsuccsessfull with the other half. This clown had all kinds of opportunity to sell between $.55 - $.60 cents, but suddenly when the stock is trading at $.38 cents we should all believe that he sold some of his

[Mitch43]

. ! eom

[ol_griz]

These guys are a mystery to me.  Why do they stay around?  I don't buy the line that they are bitter retail who lost big and want revenge.  That would wear off after a week or two.  I think it's either a pathalogical need for attention via goading others or salary as a paid basher.  I put this idiot on ignore a while ago for his laughable and baseless theories

[Nicksonsnowboar]

Hard to tell whether it's a slow death or slow drift below its 52 week low . Reliq pr has been silent which hasn't helped its cause. Becomes a typical spec wait and see from here.  Not that I know but I think something is going to hit the airwaves shortly.