Reliq Health Technologies Inc V.RHT.H

Undisclosed video presentation

[lscfa]

themoneynarrative

September 27, 2023 at 10:27 am

We attended a video presentation by RHT.V CEO Lisa Crossley to investors yesterday (September 26, 2023). Dr. Crossley mentioned that exciting new things in Canada are to be announced later this year. She confirmed that over 500,000 patients will be onboarded over the next three to five years, noting that the pace of onboarding is dictated by clients, and that Reliq can achieve a faster pace. In addition, hospitalizations were confirmed to be down over 80% for patients using RHT.V’s services. As far as the pitch to clients is concerned, medical service providers can generate revenues exceeding US$400 per patient per month for a cost (payable to Reliq) in the range of US$40 to US$100 per patient per month, with improved patient outcomes. Dr. Crossley noted that collections are steadily improving, that a Nasdaq listing will be achieved in the first half of calendar year 2024, and that big data will be monetized in 2024

[lscfa]

Unfair, selective disclosure to let some investors get an advance viewing of presentation that is scheduled today at 1 p.m. today.

[Lifeboat1]

Iscfa - You are so out of touch and just looking for things to nitpick. Companies don't and are not required to disclose every investor presentation they make.  It's only selective disclosure if they presented something not previously publicly disclosed and material.  That does not appear to be the case. 

[Mitch43]

"hospitalizations were confirmed to be down over 80% for patients using RHT.V’s services." Could it be due  to 80% of patients did die, or opted out?! ( bad joke)

[lscfa]

Reliq is not unique...All of these virtual care software co.s boast huge reductions in re-admissions. e.g.     80% Readmission Reduction Patients marked as high risk get extra attention from clinical staff and minimize the risk of hospital visits. https://www.accuhealth.tech/chronic-care-management  

[qwerty22]

Personally I don't think the 80% number means much without knowing how they derived it. It's such an easy number to game in your favour. For example it probably requires comparison to other studies and it's almost impossible to find studies with your populations criteria. Plus there's likely dozens of studies published that give re-admission rates and it's very easy to pick one

[qwerty22]

I wish you would opt out or ............. (bad joke)