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More news today that was a bit light on details but is moving the company in the right direction. When the financials are out on June 1st and they can show the number of subscriptions and income this will stop sitting in this zone. Everything points to 10k people on the system and $500k in monthly income at that time. Good buying opportunity now at least...
Reliq Health Technologies, Inc. Announces New Contract with a Physician Practice in Florida to Provide iUGO Care to over 25 Skilled Nursing Facilities March 16, 2021
https://finance.yahoo.com/news/reliq-health-technologies-inc-announces-070100225.html
Dipping today but will have more promo and news over the next few weeks. Their financial will be out mid march and their latest financing will be tradable around the same time so it will also dip them most likely but with everything they have going for them, once the shares are in the market and they push though that dip it should be steady growth going forward. I expect a larger company will be looking to buy them out sometime in the next two years before they get to up listing on Nasdaq which is expected in 2 years or less. I don't think they will dip much since they now have Wall Street Reporter working the promo end of things and they have a smoking good track record of getting these companies exposure and traction to all time highs.... (6x-13x seems to be 6 month targets for WSR) It is how I have been reading this one at least. Lots of online sources speculate $10 is possible for long holds but take that as you will. I am sure it will double at least. Again, IMO..
Interesting, hmmm
$RQHTF is going to fly. Just look at WLYYF, DOCRF, and SHGFF. This is my long hold. Easily my best play...
Read the news, and check the financial data.
https://finance.yahoo.com/quote/RQHTF?p=RQHTF
Another 2 years or so pass.
Its a very expensive lesson: shares now are but 10% of what they were 90% shredding of ignorant shareholders unwilling to do the research.
All the red flags were there, clear to the eye, yet investors like to deceive themselves.
I don't even bother to check on the state of the business now.
Just dropped by to say: turds with agenda don't turn without serious thrashing.
Embrace this painful lesson as the majority of the wealth of unthinking shareholders was siphoned to insiders in pay and dilution:
Invest wisely, always make sure the fundamentals are at your side and so is compensation.
Good luck to all.
DeepDive
iUGO Care Platform to over 27,000 patients in Alabama, Illinois, Mississippi and Tennessee
https://www.globenewswire.com/news-release/2020/03/25/2006093/0/en/Reliq-Health-Technologies-Inc-Announces-New-Contract-with-MedTech-Evolutions-LLC-to-Pro
Reliq Health inks deal with Medtech Evolutions for iUGO care platform
eliq Health Technologies (OTCPK:RQHTF) has signed a contract with MedTech Evolutions, LLC in Kentucky, USA, to provide its iUGO Care platform to over 27,000 eligible Medicare patients in Alabama, Illinois, Mississippi and Tennessee.
The company will be deploying its Remote Patient Monitoring, Chronic Care Management, Behavioral Health Integration and Psychiatric Collaborative Care Services to these patients.
Onboarding is expected to begin in April. Each patient on the platform will generate ~$65 per month in SaaS and support services revenue.
https://seekingalpha.com/news/3554964-reliq-health-inks-deal-medtech-evolutions-for-iugo-care-platform
Reliq Health Technologies, Inc. Announces Six New Contracts in Texas
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HAMILTON, Ontario, Aug. 23, 2019 (GLOBE NEWSWIRE) -- Reliq Health Technologies Inc. (TSXV:RHT or OTCQB:RQHTF) (“Reliq” or the “Company”), a technology company focused on developing innovative mobile health (mHealth) and telemedicine solutions for Community-Based Healthcare, today announced that it has signed contracts with six new clients in Texas.
“We are pleased to announce that Reliq is continuing to add new clients in Texas, and at an accelerating pace,” said Dr. Lisa Crossley, CEO of Reliq Health Technologies, Inc. “The Company signed six new contracts this week with a mix of clients including Physician Practices, Home Health Agencies and Adult Medical Day Care Organizations. All six new clients will go live this month. Our Implementations team in Texas has been busy onboarding new patients in Hidalgo County, Laredo, Dallas and Houston. It is particularly gratifying to see such rapid uptake of our new Adult Medical Day Care solution, which we just launched in July. We are very excited about the continued expansion of our client and patient base into new communities across the state of Texas. With our existing contracts and a solid pipeline of new clients throughout the US and beyond, the Company remains on track to achieve cash flow positive in Q4 of this calendar year.”
Reliq Health Technologies is a healthcare technology company that specializes in developing innovative software solutions for the Community Care market. Reliq’s powerful iUGO Care platform supports care coordination and community-based healthcare. The iUGO Care platform integrates wearables, sensors, voice technology and intuitive mobile apps and desktop user interfaces for patients, clinicians and healthcare administrators. iUGO Care allows complex patients to receive high quality care at home, improving health outcomes, enhancing quality of life for patients and families and reducing the cost of care delivery. iUGO Care provides real-time access to remote patient monitoring data, allowing for timely interventions by the care team to prevent costly hospital readmissions and ER visits. Reliq Health Technologies trades on the TSX Venture under the symbol RHT and on the OTCQB as RQHTF.
ON BEHALF OF THE BOARD
“Dr. Lisa Crossley”
CEO and Director
For further information please contact:
Investor Relations at ir@reliqhealth.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Statements Regarding Forward Looking Information
Certain statements in this press release constitute forward-looking statements, within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance, are "forward-looking statements".
We caution you that such "forward-looking statements" involve known and unknown risks and uncertainties that could cause actual and future events to differ materially from those anticipated in such statements.
Forward-looking statements include, but are not limited to, statements with respect to commercial operations, including technology development, anticipated revenues, projected size of market, and other information that is based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management.
Reliq Health Technologies Inc. (the "Company") does not intend and does not assume any obligation, to update these forward-looking statements except as required by law. These forward-looking statements involve risks and uncertainties relating to, among other things, technology development and marketing activities, the Company's historical experience with technology development, uninsured risks. Actual results may differ materially from those expressed or implied by such forward-looking statements.
SOURCE: Reliq Health Technologies Inc.
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In again at 0.22
Made an 8-bagger by the first time, later again, another 50%.
Let´s see, how it will play out this time.
Nw12
Beautiful dip buying opportunity here! Picked up a boat load of shares
https://technical420.com/cannabis-article/premier-health-group-engages-reliq-health-technologies-exclusive-technology
Premier Health Group Engages Reliq Health Technologies As Exclusive Technology Provider
a year ago or so, I wrote here investors should beware of Reliq due to various reasons (fundamental and qualitative) reasons. I was early and was able to run the pps increase before I bailed out and sold to investors who bought the hipe.
Here is a new article that mimics my thoughts, then: https://grey-swan.com/2018/10/17/reliq-health-part-1-bad-vital-signs/
I think the author didn't dig deep enough to find what I was saying about stock ownership by key employees (I don't know about today - not tracking Reliq these days very closely).
Today the PPS is lower and the company growing mainly its SG&A (and Shares outstanding - 10X(!) over 3 years.
Revenues are dropping year over year if anything (and to add insult to injury are not coming on time). a ~16% gross revenue (!) in a tech company is a plain disaster - they sell data, don't they?
The bright side is they have lots of cash on the balance sheet, but unless they prove they can stop burning massive amounts of cash this cash will evaporate too and dilution will rise still (Reliq has a proven record of issuing stock when the price is depressed and dilution is at its peak).
Do the work, and don't get sucked in by analysts on TV who earn off commission selling you stock. This could have been avoided. I hope everyone sold off at the peak.
VANCOUVER, British Columbia, October 16, 2018 / – Reliq Health Technologies Inc. (TSXV:RHT or OTCQB:RQHTF) (“Reliq” or the “Company”), a technology company that develops innovative mobile health (mHealth) and telemedicine solutions for the community-based healthcare market, announces that it has decided to restate certain financial information reported for the quarter ended March 31, 2018.
The decision to restate followed a review conducted by the Company’s auditor and Audit Committee, wherein it was determined that the timing and certainty of receiving the revenue invoiced to clients is substantially unclear, due to clients’ issues with securing reimbursement from the payor.
The material changes to be included in the restatement will affect the Company’s revenue and are projected to increase the Company’s loss and comprehensive loss for Fiscal Year 2018. In addition, the Company’s Board of Directors have taken the position that no revenue will be reported for Q4 of fiscal 2018 until revenue collection issues are resolved.
“It is unfortunate that there has been such a steep learning curve for both Reliq and our clients in South Texas in terms of the claims submission process, but we have been working hard to address this issue and improve revenue collection going forward,” said Dr. Lisa Crossley, CEO of Reliq Health. “Many of the challenges the Company has faced in South Texas relate to the highly manual nature of the current clients’ internal processes. We are building out new capabilities in our platform to help automate the critical components of these processes, including eligibility screening, creation and approval of care plans and billing code selection. Management expects to have all of the necessary tools in place later this quarter to allow the company to move forward successfully.”
The Company will issue restated Q3 interim financial statements upon the completion of the June 30, 2018 audit, which will be filed on October 29, 2018.
The Company will hold its regularly scheduled quarterly call on October 30, 2018.
Conference Call Information:
When: October 30, 2018, 8:00am – 9:00am PST / 11:00am – noon EST
ID: 7857049
Dial In: Canada and U.S. – (844) 461-9931
International – (636) 812-6630
The Company would like to advise participants to join the conference call at least 10 minutes early in order to register. The Company’s CEO and CFO will present a slide deck which will be available by webinar (details to follow) and on the Reliq Health website as of 8:00am PST / 11:00am EST on October 30th, following which the moderator will open up the call to questions from investors who have registered and joined the queue. To join the queue participants will be asked to key in *1 at any point in the call. The moderator will open the line to callers in the queue one at a time in order of priority. A recording of the conference call will be available afterwards until November 6, 2018 and will be accessible by calling either of the following numbers: (855) 859-2056 or (404) 537-3406.
ON BEHALF OF THE BOARD
“Dr. Lisa Crossley”
CEO and Director
ABOUT RELIQ HEALTH
Reliq Health Technologies is a healthcare technology company that specializes in developing innovative software solutions for the Community Care market. Reliq’s powerful iUGO Care platform supports care coordination and community-based healthcare. The iUGO Care platform integrates wearables, sensors, voice technology and intuitive mobile apps and desktop user interfaces for patients, clinicians and healthcare administrators. iUGO Care allows complex patients to receive high quality care at home, improving health outcomes, enhancing quality of life for patients and families and reducing the cost of care delivery. iUGO Care provides real-time access to remote patient monitoring data, allowing for timely interventions by the care team to prevent costly hospital readmissions and ER visits. Reliq Health Technologies trades on the TSX Venture under the symbol RHT and on the OTCQB as RQHTF.
For further information contact:
Investor Relations at Reliq Health or IR@reliqhealth.com
Bad news earlier.
Been watching this one for a year. Looks like solid company but getting shorted right now. Any good news gaps up and then loses steam for a week. Based on current volume it will take shorts 36 days to cover.
Thinking this could fall into the 45 cent range before moving up again.
https://finance.yahoo.com/news/reliq-health-technologies-selected-premier-120000723.html
Reliq Health Technologies Selected by Premier Health Group as Exclusive Technology Partner for Premier’s HealthVue Clinics and their over 100,000 Active Patients
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OFF TOPIC:
LONGS DID NOT EMAIL ME Airair..
Very disappointing atm watching my ROI collapsing.
But, I still have faith F**Z will bounce back next week.
As for CE**?
Buy on the dip as next month is about to see PPS going up bigly.
CONVENTION is just around the corner.
SUGGESTION: Do some DD over @ CE**.
Jmho.
TC.
OFF TOPIC:
Cuin...
He's being limited to 30 posts a day.
He hasn't post much in the morning.
No worry.
Wait for the others to finish the trip & more updates ahead.
gl.
RQHTF..
We simply must be patience here.
Don't panick..
The FUTURE is bright here.
glta.
Wow..
RQHTF PPS drop big today's.
Let see next couple of days will transpire a reversal or downward spiral?
glta.
How is everyone feeling in here about this? Not much news out there.
Wow great video and PR
RQHTF..
Lisa Crossley interviewed.
https://smallcappower.com/videos/editors-pick-video/reliq-health-news/
It's all good my friend.
Let's make $$$!
...:)
Hope youbare right- I am ready!
heading toward the $2 break, then it'll bust up with conviction. it will be fun to watch
Ahhhh makes more sense then.
I believe it trades on the Toronto exchange too?? this volume is only the trades made in the USA, I believe.
Does anyone know how this Stock keeps the colume so low? Can’t believe we aren’t getting more interest from the public. I mean I am at so much profit- it is going to help me pay off my mortgage.
Couldn’t agree more, never have doubted this one.
the movement is just so beautiful. strong, steady, not erratic! my favorite long-term, worry-free, steady hold!
Yup, I keep loading up too. Winner, winner...
could break $2 again today...if not, then Monday. what a solid company this is!!!
Agree.
RXMD IS IN BEAST-MODE.
RXMD finally broke through.
We're on the same page here Airair!
...:)
setting up nicely for the strong break through 2$ and then well beyond. Chak, check out rxmd too. plenty of long term room for growth, exceptional potential, serious money to be made
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