LogicMark Inc (LGMK)

[StockMedic1]

They probably have good intentions, but the free fall in stock price brings out the death spiral guys - and they started so strong, with a NASDAQ listing, and funding from reputable sources. All goes back to government heads 1) really have never had any financial accountability, and 2) "think" they know what will work, instead of "knowing". So now they are relegated to take death spiral funding, it says its secure, so probably secured by its assets in inventory (which they should have never built up so much without actual orders), so what could have been a good story, is a typical OTC company. Sorry to say.

I would look for acquisitions that have both technology, experienced management and provide some backbone with regard to served markets. The mobil market for biometrics, unless you are Apple of Samsung, is done. IMHO.