Saturday, November 12, 2016 9:54:40 AM
Bill Roof
We are moving ahead with Visualant. We’re doing it slowly, so we can conserve cash. We’re controlling our expenses. The deal we have with Visualant gives us lots of time to build the product. We’ve been doing our market research. We have multiple customers now who could use this product, all the way from the federal government down to individual stores or credit card providers and so forth. So we are in the product definition phase right now. We are defining what the product needs to look like, how it’s going to be implemented. There is going to be a form factor that we have to design and we have got some designs on the drawing board right now for the device that actually reads the chemical tag-ins. So that’s all progressing and it’s progressing at a decent pace, and it’s not costing us much money at all, the way we are going right now.
Anthony Marchese
Final, final question, could you just briefly take us through how that product works?
Bill Roof
Sure. The Visualant product is – they call it, we call it ChromaID. Every object in nature and every object in the world has a chromatic response. So, if you shine particularly light pattern, different frequencies, etcetera, added it will return a unique signature. And what we are looking at are some government requirements to make sure that, for example, military ID cards and visitor passes at bases, etcetera, are – have built-in counterfeiting – anti-counterfeiting technology. We believe Visualant is perfect for that because we can produce ID cards and visitor badges that have a unique chemical tag-ins built into the paper, the plastic that returns a unique signature, and then we can shine a light at it and get the signature back. We can tell whether that’s fake or real. That’s a real fundamental description of how that works, but that could be worked – that could work for passports. It could work for currency. It could work for ID cards. It could work for credit cards, driver licenses. It has a wealth of uses out there.
Recent KNW News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/24/2024 09:00:12 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/11/2024 09:23:58 PM
- Know Labs Study Published in IEEE Sensors Journal • Business Wire • 09/10/2024 01:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/16/2024 01:25:14 PM
- Know Labs, Inc. Announces $1.655 Million Public Offering • Business Wire • 08/16/2024 01:16:00 PM
- Know Labs, Inc. Reports Third Quarter FY 2024 Results • Business Wire • 08/14/2024 08:15:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/13/2024 10:01:40 AM
- Know Labs, Inc. Announces Closing of $3.445 Million Public Offering • Business Wire • 08/12/2024 10:38:00 PM
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 08/12/2024 09:00:15 PM
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 08/08/2024 04:15:14 AM
- Know Labs, Inc. Announces Pricing of $3.445 Million Public Offering • Business Wire • 08/08/2024 12:50:00 AM
- Know Labs, Inc. to Host Review of Third Quarter Fiscal Year 2024 Results on August 14, 2024 • Business Wire • 08/06/2024 01:00:00 PM
- Form S-1/A - General form for registration of securities under the Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 08/02/2024 08:15:55 PM
- Form S-1/A - General form for registration of securities under the Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 07/25/2024 01:49:42 AM
- Know Labs Publishes Clinical Results in Leading Diabetes Journal • Business Wire • 07/11/2024 01:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/11/2024 10:05:56 AM
- Form S-1/A - General form for registration of securities under the Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 07/09/2024 08:38:26 PM
- Know Labs to Present at the American Diabetes Association’s Scientific Sessions • Business Wire • 06/21/2024 10:30:00 PM
- Form S-1 - General form for registration of securities under the Securities Act of 1933 • Edgar (US Regulatory) • 06/17/2024 08:52:17 PM
- Know Labs Joins the Industrial Participant Program of the Wyss Institute for Biologically Inspired Engineering at Harvard University • Business Wire • 06/05/2024 01:00:00 PM
- Form SC 13D/A - General statement of acquisition of beneficial ownership: [Amend] • Edgar (US Regulatory) • 06/03/2024 06:11:39 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/29/2024 08:15:29 PM
North Bay Resources Commences Operations at Bishop Gold Mill, Inyo County, California; Engages Sabean Group Management Consulting • NBRI • Sep 25, 2024 9:15 AM
CEO David B. Dorwart Anticipates a Bright Future at Good Gaming Inc. Through His Most Recent Shareholder Update • GMER • Sep 25, 2024 8:30 AM
Cannabix Technologies and Omega Laboratories Inc. Advance Marijuana Breathalyzer Technology - Dr. Bruce Goldberger to Present at Society of Forensic Toxicologists Conference • BLOZF • Sep 24, 2024 8:50 AM
Integrated Ventures, Inc Announces Strategic Partnership For GLP-1 (Semaglutide) Procurement Through MedWell USA, LLC. • INTV • Sep 24, 2024 8:45 AM
Avant Technologies Accelerates Creation of AI-Powered Platform to Revolutionize Patient Care • AVAI • Sep 24, 2024 8:00 AM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM