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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 > Lack of continuity in disclosure
View:
Post by lscfa on Dec 31, 2023 3:13pm

Lack of continuity in disclosure

Co. was too terse in explaining why audited fins are delayed. This shakes investor confidence and stock price suffers. Why not disclose that $6 million of hardware was sold in Q4 and this equates to approx. 20,000 devices which requires more auditoring effort.
Comment by Tencents on Jan 01, 2024 3:45am
Probably because this is not the case we may eventually be told that many of these booked sales of devices and subscriptions will never be paid by the customers - hence the issue is determining correct revenu recognition 
Comment by Peggy123 on Jan 01, 2024 9:50am
Your opinion is worth 10 cents. Go bash on the CZO board and bash   Papi
Comment by Bucketshop on Jan 01, 2024 12:51pm
And EVERY stock that you OWN is worth 10 cents. Listen and you wouldnt be so broke!!  Quit pumping this PIG!!
Comment by Reggie1 on Jan 01, 2024 8:45am
Oh I think this will be a restatement of a lot of things and quarters.  Terse - That is the companies communication model.  For an audit to go on this long would suggest on a probability basis once again, that there are several things that do not meet the standards of accounting practices or interpretations need to be clarified. Something is clearly complicated and requires attention ...more  
Comment by EdinColorado on Jan 02, 2024 10:39am
"Co. was too terse in explaining why audited fins are delayed. " Brevity always works just fine when the object is disclosing nothing of substance.   
Comment by Mitch43 on Jan 02, 2024 11:24am
Co is presently propitiating all the planet Gods for a miracle... while I'm pretty sure management won't forget to fill their pockets with the remaining cash available before closing the lights. 
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