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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 > Reply from Scott yw
View:
Post by Peggy123 on Nov 23, 2023 12:37pm

Reply from Scott yw

Filing the financials is the top priority for the Company.  As has been disclosed, management lost 2 weeks due to the private placement occurring during the audit working period and it has been slower than expected receiving the additional audit documentation from and calls with customers that KPMG requested.  Those are now done so the audit should be completed shortly.
 
As for your other comment, I disagree that you could find a more compelling Company to invest in, not only in this space but in any market segment.  If I were a new investor looking at the chart and the fundamentals, I would consider Reliq as significantly undervalued.  The Company doubled revenue the last 2 years, signed 4 major health providers in the US in the last year, have over 500k patients in the pipeline worth over $100 million dollars in future annual revenue, operate in a market worth $100 billion, had an oversubscribed $5 million raise that sold out in hours with primarily institutions, raised $5 million (12% dilution) to add $20 million in annual recurring revenue by the end of 2024 at 70% GM and 40% Ebitda margin (50%-200% increase in market cap potential).  If you are new to the stock or long, the only current negatives are the high AR balance and the late financials.  Once those are shown are resolved, the stock price should reach its actual value.  It may take a few months for the stock price to recover but the Reliq Management team is building a business with long term value for shareholders that also provides urgently needed care to those with the least access or highest needs.
 
Best Regards,
 
Scott
 
Scott Fitzgerald
Investor Relations
Reliq Health Technologies, Inc.
Show quoted text
 
 
Comment by builder1 on Nov 23, 2023 2:52pm
Thx Pappi. He's got balls for sure. Not the first time I've heard Scott expound on the virtues of the company's efforts. (I've also had some direct contact). Guess we're back in wait'n'see mode. 
Comment by kusio1 on Nov 23, 2023 4:03pm
Wonder if they are giving him continuously bigger office for that growing nose? The financials will be interesting. Hopefully they come next week
Comment by SISBOOMBAH on Nov 23, 2023 4:08pm
Investors should always view with skepticism answers or comments supplied by IR.  IR personal are paid contractors or employees of the company,     ''As for your other comment, I disagree that you could find a more compelling Company to invest in, not only in this space but in any market segment.''  Come on Scott, you can not be serious.     '' ...more  
Comment by Peggy123 on Nov 23, 2023 4:38pm
I did my best to get info,perhaps your better. Go for it,your on Papi"s naughty list  .COAL for you. Oh oh   Bidens going to be on your rump  Papi
Comment by Differentfleas on Nov 23, 2023 4:53pm
Please put me on your naughty list as I have you on my BUFFON list. While you are jock sniffing...as this guy why NO CREDIBLE institution follow or own this world class company?? And dont say Bruce Campbell, he is in your league of perrennial disasters!!!
Comment by theinvestor22 on Nov 23, 2023 8:21pm
It's amazing how many people who don't own the stock follow this company.  Is it the hundreds of smaller contracts.  Is it the bigger contracts of late? Is it the revenue growth?  Or the profitability?  Or the incredible potential? Regardless, thanks Peggy123 for posting IR's reply.  Oh ya, Differentfleas goes on ignore.
Comment by Differentfleas on Nov 23, 2023 11:18pm
Well the people who see a scam continue to help people NOT lose money!! You m ust own this DOG(and be losing money) so please put me on ignore!!  Change your moniker....if you own this piece of EXCREMENT.... you are NOT an investor!!
Comment by Bucketshop on Nov 23, 2023 11:26pm
Or is it the MINDLESS clowns who follow an obvious disaster into oblivion. 
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