Know Labs Inc (KNW): As the most recent video press release s...

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slunj

Re: None

Friday, 12/07/2018 10:25:34 AM

Friday, December 07, 2018 10:25:34 AM

As the most recent video press release stated, the company is looking for long term investors as it tests, improves and builds its revolutionary technology. Just take a look at the excerpts from their last release.

“We’ve spent the last couple of months updating all our test equipment and have now improved the accuracy of our Bio-RFID™ platform. This time we decided to benchmark multiple tests against the FDA approved FreeStyle Libre. It’s a really good device and I’m proud to say that we’re about 90% correlated to this CGM, which is even better than our previous Dexcom test.

“As we build this new revolutionary technology, that’s a nice shot in the arm. We look forward to sharing more positive results with you in the coming weeks.”

As the stock price rises hopefully the company will attract long term investors. Trading press releases of an upcoming technology just doesn't make sense.