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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 > Poorly run company is afraid of this
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Post by Aei773ou on Jun 25, 2024 5:26pm

Poorly run company is afraid of this

Everybody is waiting and waiting for what? The long delay, in "months not years", tells me they are praying for a turnaround quarter to support the price. What if the business never brings about as bright as we are told and that is exactly what they are scared of - a delisting and an imminent legal consequence of a class action. Instead of a financials release the very possible announcement of a foreclosure is what one can ultimately read about.
Comment by Differentfleas on Jun 25, 2024 6:32pm
The price was $0.05 today on the OTC!!! 
Comment by EdinColorado on Jun 26, 2024 3:12pm
Hoping for a turnaround quarter would mean there is still life and substance underneath the s---show, which right now offers the main hope there is for investors, partners, clients they have signed on, and patients (if there are any)  relying on the service.  If there is no substance there, then all of the above will have been damaged by serial lying with support by everyone from ...more  
Comment by Qwerty54321 on Jun 26, 2024 3:39pm
If there's no substance it wouldn't matter if this was run by a bunch of saints there'd be nothing to invest in. In the fireside chat the CEO said the plan had been to capture market share, which it seems they've done to some extent. That could just be talk to cover the lack of revenue though. But let's imagine that was true. The problem has been that in the past market ...more  
Comment by EdinColorado on Jun 27, 2024 10:22am
"If there's no substance it wouldn't matter if this was run by a bunch of saints there'd be nothing to invest in." With a cease trade order firmly entrapping all investors, there is nothing to invest in or divest from. Whether the company is run by saints or the devil incarnate seems irrelevant. Regulators not regulating is doing the damage that the company management could ...more  
Comment by Aei773ou on Jun 26, 2024 4:38pm
  The business can still be of some substance and yet not effective to generate enough cash flow for a viable long term business. Many company failure belongs to this category.  So "life and substance" may not necessarily goes hand in hand. As for life after a possible fire sale I rather ignore it as a wishful thinking in the info void of where the financials stands. There is ...more  
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