DarioHealth Corp (DRIO)

[sumotrader]

Any suggestion that FDA approval is imminent would be misguided IMO, every DRIO investor would be wise to research the FDA 510(K) approval process for the IbgStar device that was approved back in 2011. Only then will you understand why the 510(K) process is a). just a first step in the approval process and b). why it is so difficult to obtain with regards to ANY smart device.

Revenues from a highly saturated U.S. market are likely 9 months away and that is why I think new investor Edery will leverage his influence on the board and connections in South America to fast track renvenue growth.

This is not the slam dunk that some make it out to be IMO. All speculation on my part but I see no reason to "chase" or think DRIOD is going substantially North anytime soon.