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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 > First post, here's what's happening.
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Post by Yummycottonball on Feb 28, 2024 5:11pm

First post, here's what's happening.

Hi guys, I own a couple percent of the company and was able to speak to the management team at length about some of the concerns I had. First off the HALT: the halt is a result of patient confidentiality concern between KPMG and some doctors offices, where KPMG wants information and doctors offices are not required AND not supposed to give out that private information about patients. The process of going back and forth between KPMG and doctors is apparently what is creating the holdup. PROFITABILITY: medical companies are often slow moving I know this as a participant in the medical industry, just wait for the inflection point and this should be a 3-5 dollar company probably over the next 2 years or 8 quarters. Good luck everyone and have a dippipty do dog day!
Comment by lscfa on Feb 28, 2024 5:42pm
So why doesn't any other healthco have a problem with auditors and patient privacy?  Shields told an interviewer that the hold up is due to lack of internal financial controls. I think KPMG is making Reliq put proper controls in place and recreating documentation. There were approx. 45,000 devices delivered directly to patients from manufacturers and Reliq has a lousy tracking system as ...more  
Comment by Yummycottonball on Feb 29, 2024 1:48pm
For sure the lack of financial control is the CFO not being a medical field specialist. Do some diligence and you'll find he actually has his own firm and shops out accounting like services to other firms. Reliq has clearly grown past what he can provide... not going to be surprised if he gets the boot.
Comment by Differentfleas on Feb 28, 2024 6:11pm
A new member today!! Must Be Papi or another one of his Aliases. Are doctors offices not allowed to say if they collect money??  3-5 dllar company on a 25 to 1 RS Have a Dippity DOGG DOO DOO day BOZO !!
Comment by Yummycottonball on Feb 29, 2024 1:51pm
I don't get the doctors office reference?? It's not money, it's private patient information which is federally protected. So yeah often times doctors have these things called morals, sucks I know...   also I don't know who papi is but your momma had a dippity do dog day    lol just kidding   bozo is a great Clown!!
Comment by aaaaaargh on Feb 28, 2024 6:13pm
Well, if KPMG won't finalize financials until they get private information that the doctors are NOT ALLOWED to give, then we should expect the halt to NEVER be lifted...does that really make sense to you?
Comment by Yummycottonball on Feb 29, 2024 1:44pm
Yes, yes it does, KPMG will have to settle for information they are allowed in the end, what likely is happening is they are getting some extra billable hours... there are plenty of iffy earnings reports that pass through audits its all negotiable. I know it's bullshit, but that's business.
Comment by Mitch43 on Feb 28, 2024 7:03pm
First post... Nyet! First post using a different posting profile than your regular  to try to make us believe some unbelievable  CO excuses... You make it look like you took it from the generosity of your heart to inform us when there is no reason to do so. Unfortunately this lame tactic only works with the gullibles regular posters,... Not many left. if you really spoke with Reliq ...more  
Comment by Yummycottonball on Feb 29, 2024 1:59pm
I mean not that it was easy to read your totally grammatically correct post (see sarcasm) but I could own 50% and I wouldn't be entitled to any non disclosed information, so I mean that's pretty basic, and yeah talk about credibility, you at least have to know that... I'm sorry your heart is cold and black but yeah some ppl are kind so like go do something nice yourself MITCH your name ...more  
Comment by GustheGreek on Feb 29, 2024 9:26am
Lmfao... yeah sure!!! KPMG would never require ANY private and confidential records or ANYTHING from "patients". What a load of poop!! I call B.S. on you speaking to anyone from Reliq. Who did you communicate with, please provide names and times.
Comment by Yummycottonball on Feb 29, 2024 2:04pm
Haha poop! For sure they would to embezzle hourly billings as well as verify business transactions, there are a number of reasons they would want info ON patients not FROM patients, just cause your angry doesnt mean your rational! and yeah for sure you can check my phone call log, I called Reliq from you moms house last night.... oooh spicy.... kinda like yo momma after some tacos
Comment by GustheGreek on Mar 01, 2024 4:42am
This post has been removed in accordance with Community Policy
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