Post by
Tropicalsun on Jan 11, 2024 3:53pm
Another Suspect Poster
Inviolablspirits.
What I find very strange is that you claim to have done your due diligence on Reliq Health, by your owns words bought shares in the company and now you are engaging this forum as if you were trying to validate your reasons for investing. Big mistake, do you not trust your own judgement?
Clearly there is a lot that you don't see or want to see that has been going on for too long with Lisa Crossley steering this ship. What is your point already? I mean you bought shares right, the financials according to the last company press release will be out by the 12th of January. Why did you not simply contact the company IR person? Scotty could have answered all your questions, coming right from the company. As you pointed out several times everything else shared by posters on this board is anger driven and based soley on opinion.
I agree with the poster that said there is a 50/50 shot here which way this goes. There is a lot riding on these financial statements we are all waiting for and yes that is my opinion.
Comment by
lscfa on Jan 11, 2024 7:00pm
The Jun qtr fins are ancient history. Even if they show restatements for q1,q2,q3 and/or writedowns what will matter is does Sept and Dec qtrs show improvement. The 5 day filing gap between Jun fins and sept fins is stupid and will create volatility. Co. should also preanounce Dec fins.
Comment by
kusio1 on Jan 12, 2024 12:00am
If they state that Q1, Q2, Q3 financials are fake, why would you believe next Q1, Q2, Q3 financials?
Comment by
lscfa on Jan 12, 2024 12:24am
Restate does not mean fake. Auditor may make co. account for hardware sales differently but the sales did happen.
Comment by
kusio1 on Jan 12, 2024 12:27am
How do you know they happened? What were the contract terms? Why do monthly collections not even cover 1/24 of device sales?