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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 > What is going on in the OTC?
View:
Post by heardaroundtown on Jan 23, 2024 2:59pm

What is going on in the OTC?

RHT is now bid at .187 and offered at .48 usd.?
 Are short sellers trying to cover up or is there some news coming out that will turn this share price
right side up ?
Comment by lscfa on Jan 23, 2024 3:22pm
Interim CEO presents tomorrow. People front running and speculating he says something meaningful and not the BS per NRs
Comment by Char10mad on Jan 23, 2024 3:27pm
Now trading higher in can $ than b4 halt  This fiasco may be the stimulus to get the stock moving in the right direction  if I was short I may be a little worried 
Comment by Tropicalsun on Jan 23, 2024 3:45pm
I'm stunned that this stock is allowed to trade in the U.S. but we are under a CTO for all issues here in Canada. Again I will ask if anyone on the board has an explanation for this and more importantly how can this possibly be fair to the canadian shareholders, while we sit in limbo wondering WTF? Is our securities commisions that screwded up, or is it the U.S. ???
Comment by Lifeboat1 on Jan 23, 2024 3:57pm
It is on the OTC pink and I believe they have much looser regulations and no SEC oversight.
Comment by SISBOOMBAH on Jan 23, 2024 4:06pm
WOW!!! Reliq share doubled from US$0.08 to US$0.16.   
Comment by Tropicalsun on Jan 23, 2024 4:19pm
305,000 shares traded, closed at $.16 cents US, 21.5 canadian. It traded as high as $.26 cents canadian. We here in Canada are left wondering WTF?????  I guess when you have one of the most powerfull nations on the planet you can do whatever you like? After all in my view, you have what certainly appears to be a convicted criminal allowed to run for president and the current president also ...more  
Comment by ramrodretired on Jan 23, 2024 4:30pm
Just checked (RQHTF) OTC WOW quite a bounce today Hard to believe it is still trading! WHO knows I may break even someday!
Comment by SISBOOMBAH on Jan 23, 2024 5:05pm
Looks like the American will have the choice between two napping 80 years old.  Maybe Robert Kennedy can make a difference. Or the no-name Party.    But it is damn hard to get your name on the Presidential ballots in all fifty States.   The Dems and the Reps do not want a third voice.
Comment by Char10mad on Jan 23, 2024 5:52pm
And we in Canada with Trudeau in control are no better
Comment by SISBOOMBAH on Jan 23, 2024 6:55pm
Trudeau and Poilievre are young and won’t be caught napping, they might be caught day dreaming, but not napping.  Trudeau is dreaming about a new girlfriend and Poilievre about power.  
Comment by Mitch43 on Jan 23, 2024 8:28pm
Just as a reminder, Canadians do not vote for either one as a leader , they are selected a leaders from their party... and on rare occasions they can be dismissed by their party as well.
Comment by Reggie1 on Jan 23, 2024 7:50pm
Its an unregulated dealer network. That is why it started trading, because it could. Some dealers said hey....we can make some money here and they got the orders and away they went.  You can place a market order on the OTC and the dealer will hold it in a moving market. Lets say like today on RHT you placed a market order and it was trading at 10 cents. The dealer holds it until they get the ...more  
Comment by Mitch43 on Jan 23, 2024 4:04pm
Yep,  but good thing we are in Canada, In Japan, many investors would have lost a few fingers courtesy from the Yakusa,s and some would have even commited Hara-Kari for much less than that, while in the USA the moon is presently in Gemini, plus don't forget...there are fleas in the US!!! But I'm digressing.... Tomorrow will hopefully be another better investing day!
Comment by lscfa on Jan 23, 2024 5:29pm
Reliq is not the 1st stock I've held that was halted for Canadian citizens but tradeable for US citizens.  Interlisted stocks should be treated the same, and maybe they are for major exchanges, but the OTC is lax.
Comment by dogkatcher on Jan 23, 2024 8:12pm
Canadians can sell their RHT shares in the US by transferring their shares to a US account. This is true for any company which trades in both countries. I have done this when I wanted to raise US dollars for a trip south. As for why Reliq still trades in the US, that is beyond me. GL all.
Comment by Mitch43 on Jan 23, 2024 8:30pm
Yes, but not during a CTO. like now.