Stock Room

[toastturtle]

$RQHTF Announced Contract for 12000 new patients per year though Skilled Nursing Facilities in California.

Reliq Health is a rapidly growing MedTech company that generates recurring revenues though subscriptions for the monitoring of chronic health conditions primarily in the US. Fully covered through Medicare and Medicaid as well as private insurance, the company does live monitoring of a host of condition reducing incidents of crisis and hospitalization significantly improving outcomes and reducing costs.

Reliq provides direct support to the patients and provides the software and monitoring to Doctors and medical practices. Doctors bill the insurer $400 a month for the monitoring. The doctors pay between $40-$100 to Reliq to provide the service. Everyone makes money and everyone improves the outcomes.

The company is at an inflection point where their sales will exceed their expenses and that transition will shift to significant profits very quickly. They have well over a million patients under contract and is putting them on the system at an exponential rate. 50k on by end of June 2022, 100k on by end of December 2022 and over 200k by end of June 2023. That will put their monthly revenues over 10M a month while still having accelerated growth through 2023 and beyond.

Excess cash is being put to share buy backs and uplisting to the NASDAQ one the share price meets the listing requirements without having to do a reverse split.

This is a stock I like to refer to as a retirement builder. Should generate a minimum 10x over the next 2 years. Do some DD. First Quarter financial is due in the next 2 weeks so you will not have to wait long for confirmation of the direction and information I have provided here. When this company gets noticed, the easy and big gains will be gone so start a position now.

Good Luck