Reliq Health Technologies Inc V.RHT.H

Is there any chance

[ol_griz]

of you guys being sued for waste of electrical energy?  At the very least a complete waste of breath.  Give it up, please, until we get that report, then have at it!

[Peggy123]

well at least its electrical, Biden would shut it done otherwise

[Mitch43]

Hold your breath, because there is a strong possibility this CO may be delisted/sold before we may see the earnings  report... However what is 100% sure is that it would be abysmal at best.

[EdinColorado]

This is what "due diligence" looks like when trying to make sense of a compnany with no real information disclosed about it even though it has been operating that way for years. That one can do so reveals regulators don't regulate. Imagine if every company operated with such lack of disclosure.

[Mitch43]

Ed: "That one can do so reveals regulators don't regulate" Wrong as usual.... regulators from the Vancouver BCSEC forced the CO in 2018 after the RELIQ pump and dump scheme by the Thindal brothers and associates whicn allegedly netted for them an estimated $19 million cad,  to restate some of its fake financials presented by then Reliq' CFO A.Thindal, and approved by CEO Dr

[heardaroundtown]

You maybe right about your lawsuit assumptions, but at the end of the day why do such large healthcare providers keep signing contracts with Reliq?  Thw product must be viable but the cpmpany's plumbing is all clogged up.

[Mitch43]

Remember, all what we know about the long list of signed contracts, is basically what the CO wanted us to know... there never were valid names/addresses of any of the clients signators nor any way to double check anything... Reliq was never intended in 2016 by its creators, the Thindal brothers and associates, to be a health care CO, but just another pump and dump CO they controlled at the time

[Reggie1]

I think alternatively. The way they got all these signed contracts was with generous payment terms or some kind of agreement that allowed the clients to assess the service with generous payment terms/agreements.  I will 110% agree that the company has not been forthright in the process. Onboarding to the generous payment terms. Something like we have signed contracts with X today and they

[kusio1]

That is simply incorrect. If that was the case, they couldn't have classified it as 'current receivables' They simply are booking revenue that the clients are refusing to provide actual payments for - likely because they disagree that the contract terms were fulfilled and revenue is justified

[theinvestor22]

If you have any evidence whatsoever relating to each clients payment issue, I'm sure the whole class would be happy to hear it, otherwise it's all just fiction.  Of course, the last a real info available is about 9 months old.  Lots of folks here have stated they won't accept any statements from anyone; they'll only accept audited results.  Those who think that way I

[kusio1]

Of course! Evidence: - previous write off of vast majority of revenues - lack of collections of current revenues - audited financials delayed by 65 days and counting - constant dilution - private placement for amount that is insignificant if in fact receivables were collected You can argue that it is not beyond reasonable doubt, but this isn't court of law. There is tons of evidence

[theinvestor22]

Now just to recap, you were claiming that collections were a problem because it was likely Reliq didn't meet it's contract terms, then I asked you to share your evidence with the class.  So, here we are: - You state there were massive write offs.  Please point them out to the class.  If you can't do so, then you just made it up, right?  Or were lazy?  Or lying

[kusio1]

The write-offs that led to the lawsuit they had to settle. Surely you did some due dilligence and was aware of it? Throughout entire company history they wrote off more revenue combined than they collected. Please, don't call out people for lying just because you are ignorant about basic history of the company you are supposedly invested in. Reliq being a reason for collections lagging: again

[theinvestor22]

Let's once again go back to square one.  Which fiscal year are you alleging those write offs took place?

[Reggie1]

"alleging" ??? I smell a Scott. 

[Differentfleas]

I am not sure.Scott's tend to be frugal so I doubt they would own this piece of rubbish.

[Mitch43]

Excellent!...while I don't know personally, I22, Just by perusing the posts for the last 8 months, I came to the conclusion all that person interventions on this discussion board are primarily to boost interest onto the stock even as the SP kept plummeting more and more, not to worry, "the fundamentals are right" ... That is why I refer to him/her as a Reliq affiliated pumper

[Mitch43]

From Reggie, "The CEO was deceptive, obtuse to the outcome, arrogant, and ignorant. And is gone as a result.  But these are real clients I do not doubt that" Corrections: Do your own DD first, from the get go, the CEO was a controlled one by the creators/controllers of the CO in 2016.  namely, the Thindal brothers and associates... Hence the root of all the misrepresentations

[Reggie1]

Mitch I think your theory of the same illegal activity still remaining after the debacle Thindal episode is a bit far fetched.  You are suggesting they are still padding revenues and I simply don't think the CEO would be literally that stupid. You do and that is fine but lets give her a modicum of intelligence whenit comes to going to Jail or not. And the BoD for that matter.  CEO

[Mitch43]

Wrong, not a theory of mine... Just stating checkable facts if you are willing to do your own DD. CEO Lisa Crossley  was a Thindal controlled one from the start ... Reliq wasn't set up to be a health care CO. The Hugo platform and its mission ( as they called it) if you watch the Reliq' video about how it's supposed to work.... No PHD needed to realize it can't work as

[Expos44]

Admittedly curiosity gets the cat every now and then.  A real simple one if you don't mind. Why are you on this board given your clear position on this? I also respect the right to post their thoughts, don't get me wrong, in the same way each takes value or not from any post. Cheers

[Differentfleas]

Curious?? Why are you ON this board?? Is it to commiserate with all the other zealots who cannot see garbage when its right in front of them??  I love this mentality....All for one and one for all(to lose together) and shame on anyone who dares to point out the obvious. 

[Expos44]

Well, appears this is directed at my curiosity question.  If not, apologizes for this response....your post says a great deal, as I bite my lip and take the high road....

[Mitch43]

If you are addressing me, Because I have been  trading this penny stock since 2019 mostly for recurring small gains, knew nothing about the CO nor about 2018 then, and can't even remember why I came to play it ... Stopped for the whole 2022 after the 2021 white diamonds report debacle and Covid 19 which took a big chunk of my 2021 win on it....But early on 2023 bought into the Lisa hype

[heardaroundtown]

You maybe right about your lawsuit assumptions, but at the end of the day why do such large healthcare providers keep signing contracts with Reliq? @Thw product must be viable but the cpmpany@s plumbing is all clogged up.