LogicMark Inc (LGMK)

[FortyNightWave]

(1) http://www.ibtimes.com/other-side-coin-battery-issues-security-concerns-all-one-credit-card-1510626 apparently, and the company website...

(2) https://onlycoin.com/support/faq/ "we were not able to fit a replaceable battery nor recharging components into this form factor...We must charge for each device to cover the costs of research and development, manufacturing, and support"

According to the CEO of NXTD (my source is the channel 3 news interview) the wocket will have charge for two years before needing replacement batteries. According to link (1), the COIN will need to be REPLACED every 2 years. The preorder price of 55 dollars will not last, it will be 100+5 dollars shipping according to the COIN website... That's a 52.5 dollar COIN recurring charge every year, compared to a one time payment of 100 dollars. It's a tough question to answer... First, there are a set of people who have the means to purchase, and will consider purchasing either product. These people might be at a crossroads between the two products, weighing the sleekness, function, and price of both products. Will this population of people care about an extra 52.5 dollars a year after the second year? Technology is constantly evolving... the fact that they have to pay extra to purchase the same technology (which may be inferior two years down the line to... say... a future popular smart phone platform that pervades markets and restaurants everywhere) might not bother them. Especially if they are people who believe that payment systems external to smartphones WILL be obsolete within the timeframe of two years. Honestly I have no clue man. I will say this though. With such a thin float, and low market cap... and with the exposure they will get within the next few days... I'm surprised the NXTD stock price is not higher. Will their product take off? who knows... There's a lot of speculation there...