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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 > KPMG now vs past years
View:
Post by lscfa on Oct 23, 2024 11:34am

KPMG now vs past years

Why the hold up? 3 things come to mind.

 

  1. New regulatory rules now require the auditor to conduct and communicate the results of both an audit of a company’s financial statements and an audit of a company’s ICFR.   

 

2. In January 2023 Reliq changed the nature of its contracts with clients to include mandatory onboarding by Reliq.   RHT is no longer a pure Software-as-a-service  co. Now it's a software-and-labour-as-a service co.

 

3. With Crossley’s obsession for a Nasdaq listing perhaps she instructed KPMG to audit the co. rigorously to meet Nasdaq standards

Comment by AricanTwin on Oct 23, 2024 1:50pm
Been awfully quite from the institutional investors, have a feeling why KPMG is still with us. My last hope that someone was doing their job is KPMG. Directors and Lisa share sales are a ominous sign.
Comment by EdinColorado on Oct 23, 2024 2:44pm
"RHT is no longer a pure Software-as-a-service  co. Now it's a software-and-labour-as-a service co." I surely hope thiat such is the case. Currently, whatever it is, its value on the U.S. exchange seems to be 0.0001 U.S. $ I wonder, if anything is there, why there hasn't been any attempted takeover by a company that we can be somewhat sure of what it is and what it is ...more  
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