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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 > The old argument re collections...
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Post by theinvestor22 on Sep 14, 2023 7:47am

The old argument re collections...

The old argument goes something like this: if the company is having difficulty collecting from existing mom and pop clients, how do we know they can collect from future ones?  This is perfectly valid and we're waiting for confirmation on collectability from existing clients before putting this to bed.

This argument is like comparing apples to oranges when it comes to larger clients, however.  They are more professional and sophisticated when it comes to managing their businesses and paying invoices on time.  Not only that, but they are becoming a greater proportion of Reliq's clients so, in the unlikely event that collectability remains a problem with the smaller fish, it shouldn't prevent the company from becoming more and more profitable (and valuable).

This is just one of the benefits of signing larger deals.

Comment by EdinColorado on Sep 14, 2023 11:07am
"This is just one of the benefits of signing larger deals." Those of us who have been with this stock a while can remember when a "big deal" for Reliq was a grant-funded pilot for patient monitoring at a remote, underserved tribal reservation.  Quite a contrast with the size of the fish they have been landing this past 30 days.
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