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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 > Serving up a" Something" MacNothingburger
View:
Post by EdinColorado on Jul 06, 2024 2:42pm

Serving up a" Something" MacNothingburger

This is the summary from Money Narrative: "Investors are very concerned while Reliq Health’s financials continue to be delayed and the Cease Trade Order remains in effect. Perfectly understandable. Is this scenario going to end in disaster? We think not, although corrective measures are being taken and positive results have certainly been considerably delayed over the years."
 
Translation: "Yes…We have a menu. We know you might be hungry, but the food delivery truck has been AWOL for months (not weeks) and the electricity is out in the kitchen. It's a bit like the Hotel California...You can get in, but you can never leave."
 
Still, we are featuring...a word salad with the nothingburger side: "I can not provide specific timing on completion of the audit but we expect to complete it shortly.  While we understand that management has been stating the audit will be completed shortly for several months that has been our expectation at the time it was stated."

There is an encouraging sniff of something way back in the kitchen. Maybe they brought in a wood stove or a charcoal grill, or maybe the odor is an aerosol burger fragrance sold by Glade. But regulations forbid anyone going into the kitchen to find out. You know, we have regulations but no regulators. Still:  "The Company continues to add clients, provide services and collect revenue.  We add approximately a physician a week, have expanded 2 of our larger contracts added last year and are expanding into several new states which we expect to announce shortly.  The business outlook continues to be excellent with leads continuing to come in primarily by referrals.  We have added additional sales staff on the west coast due to high demand." 

Please don't even think to ask "Where's the beef?"

Comment by Reggie1 on Jul 06, 2024 8:35pm
Money Narrative I think have been following the company for a while not sure. But they sure got it wrong.  Again a CEO that will not answer a question from an anlyst or investor on a quarterly call.  A CEO that missed every single guidance call in her history with the company.  A CEO that is still being supported by the company.  MN is trying to make scrambled eggs from ...more  
Comment by Mitch43 on Jul 06, 2024 11:00pm
There was nothing tangible in the money Narrative message to ascertain it was really provided  by  any specific Reliq BOD member which begs the question as to why The CEO would prefer to have some of the CO detailed infos released that way rather than by a proper  NR for shareholders. it was mosly a rehash of all the previous ones using the same vague parlance rather than ...more  
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