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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 > Sold all shares in RHT
View:
Post by Trident6116 on Dec 23, 2023 4:23pm

Sold all shares in RHT

I have sold all my shares in RHT as there is just way to much risk and unknowns in this company. The most dissappointing part of this company is we just wanted the truth. I understand that there are issues with start up companies and most investors understand that as well. The unfortunate part is that we have never been told the truth from forecastedl revenue forecasts versus actual revenue/, system issues, collection issues, onboarding numbers, capital raise and now the delay in the financials. 

Most of these things could have easily been avoided if we were given the truth all along. Everyone understands that there are bumps in the road and with honest communication this could have all been avoided. You just have to respect shareholders and there has been little of that with this company. 

I am not saying that there hasnt been good things with this company as they have had a lot of success. The large contracts and it seems like the technology is sound. Lisa has done an excellent job in many aspects but in others it has been a dismal failure. 

There is just way to much risk and when the CEO quits I believe there is much more uncertainty to come with the financials that will drive down the share price to levels we could have never imagined. 

Again this is just my thoughts on RHT and I wish you all luck. 

Merry Christmas.
Comment by Peggy123 on Dec 23, 2023 4:34pm
see ya
Comment by Upsdowns on Dec 23, 2023 4:41pm
Once the year is over and they don't announce the financials, the stock should skyrocket starting January 2 or 3rd or right after financials are announced in the new year. That's why I won't sell yet. Gl.
Comment by theinvestor22 on Dec 24, 2023 8:30am
Trident6116, I'm sure that was a difficult decision for you.  Best of luck with your future endeavors!
Comment by SISBOOMBAH on Dec 24, 2023 9:42am
Without the overblown forecast and the numerous empty press releases, the share price would have collapsed, Reliq would not have been able to raise cash from options and warrants, and Reliq would have declared bankruptcy.    HYPE kept the business rolling. There is still a possibility that Reliq will become a viable business.  FY 2023 and Q1-2024 results will help guide investors ...more  
Comment by Peggy123 on Dec 24, 2023 10:48am
If you didn't notice the share price has collapsed. Bankruptcy,not a chance. I cant believe your last paragraph. It must be christmas and your heart has grown 3 times bigger. We needed a reboot/reset and after the Fins, it shall start no matter great,so-so or blah.Merry Christmas SIS and to all. Papi
Comment by Trident6116 on Dec 25, 2023 8:15pm
Let's hope your anger management sessions improve your outlook and the way you speak others in 2024. 
Comment by Peggy123 on Dec 25, 2023 11:43pm
ME
Comment by politicat on Dec 26, 2023 2:54pm
my thoughts exactly.  I do not mind risk ( any nano cap has it ) but risk on top of trust issues is like risk times 4.  The risk grows exponentialy. Company STILL has market cap of $60M.  It is not exactly cheap given the lack of a demonstrated biz model that actually makes $$.  The big contracts signed 12-18 months ago still have not proved to bring in $$.  More than ...more  
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