LogicMark Inc (LGMK)

[StockMedic1]

Government heads (management here) really know absolutely nothing about money management. They come from a culture of professorial theory with a never ending source of money (taxpayer funds) with little to no accountability. Instead of going out and securing people who have done this successfully, and there are about 3 of them out there, they try to do it themselves because they have a bloated sense of self confidence. Its a formula for disaster. MC's new ZWIPE card that puts fingerprint technology on the card itself is the NEXT step to get consumers acclimated to the technology. Smart phones help with that as well. even IF the Wocket is a good device when its able to work, its just too early. This company should look at BioMETRX from the mid 2000's. They developed multiple fingerprint consumer security products like garage door openers, front door locks, etc......developed partnerships with Master Lock, Honeywell, and sold through Home Depot, Lowe's and SEARS. Now they are doing the same thing, but only in healthcare at RXSF. That is the footprint for NXTD to use now. Not on their own. Acceptance at the levels necessary will make it virtually impossible to meet realistic financial goals. Good idea for the future, just bad timing, and that goes directly to the experience of the management team. Or lack thereof.