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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 > All silent from RHT.....take the money and run??
View:
Post by Trident6116 on Oct 24, 2023 10:54am

All silent from RHT.....take the money and run??

I am a longterm shareholder of RHT and believe in the product. However, this latest move of Lisa's without any explanation or accountability to longterm or existing shareholders is poor management. I hope there is some positive news coming out soon like a very large contract and that precipitated the need for cash because if it is going to be crickets I am getting out soon before it crashes. 

Very disheartening and so dissappointed in Lisa and RHT.
Comment by Ducksoup000001 on Oct 24, 2023 10:57am
One week away to annual report. Can you wait for that. If not, then you should sell now.
Comment by nottobe on Oct 24, 2023 11:43am
the demand for the product is defenetly there, seems to be a case of streamlining the onboarding and ARC, if the stock keeps going down then I think a new CEO will be put in place, telling people to sell at 35c is fraudulent, the demand is strong and therefore at 35c its a time to buy
Comment by Mitch43 on Oct 24, 2023 4:27pm
" the demand for the product is defenetly there, " I would not call the present anemic volumes  a strong demand by any standard....
Comment by theinvestor22 on Oct 24, 2023 2:13pm
Hmmm...didn't they just sign some big contracts?  How many exactly were you looking for?
Comment by Mitch43 on Oct 24, 2023 5:14pm
122,"How many exactly were you looking for?" Only the ones verifiable... Unfortunately the sum total  = Zero! from the fast growing CO...into oblivion! however let's not conflate anything...Remind us who said on several occasions " the basic financials are great", the CEO never lies/promises anything... Read Reliq' disclaimer first etc. ??? It's for a friend... ...more  
Comment by Trident6116 on Oct 24, 2023 5:42pm
Unfortunate I have to explain this to you but let me try. LC started all of her presentations off by saying they "will not do a cash raise" and that was even into the July update. Then all of a sudden surprise they have done a cash raise. I dont mind that they did this but once it was done it would be nice to know that it was aligned with a larger contract or even just that they will be ...more  
Comment by Reggie1 on Oct 25, 2023 4:19am
The thing is regarding the stock price and chart.  If they are turning AR faster and onboarding is successful it will not be hard for a hedge fund or institution to find out right. You just need the contacts to confirm patients are onboarding and the clients are paying. Thus the tutes will be buying in if it looks like things are kicking off.  Its a theory but to me it will not be ...more  
Comment by theinvestor22 on Oct 25, 2023 9:51am
Trident6116, I get it that you have lots of issues with Reliq, but let's circle around to the beginning, which is that you indicated we need a big contract announcement soon to justify the fundraise. According to you, the order of things is 1) a July statement - among many others - that a fundraise was unneccessary, 2) an announcement in September of a fundraise and 3) the need to justify ...more  
Comment by Lifeboat1 on Oct 25, 2023 10:17am
One other point to add to I22 comments.  You asked when contract signings would turn into revenue.  They have not as much as expected or hoped for but from less than $100k to over $10 million in 3 years. 
Comment by Lifeboat1 on Oct 25, 2023 9:02am
I22 - Great post as usual.  By my count 5 announcements from the last webinar to the PP with the 2 in September being major and potentially worth $100 million by themselves in 3-5 years.  I think 10% dilution is worth an additional 10x return.
Comment by GustheGreek on Oct 25, 2023 4:54am
Lol, next financials will paint a better picture. We either POP, or drop.
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