Friday, February 04, 2022 2:52:41 AM
Fatshark's factory is not owned by Fatshark and thus couldn't be sold alongside. The HD technology is owned by hd-zero.com, so it couldn't have been included in the sale. It's in the 10Q Oct 2021 report that was posted here, when they clarified what they actually bought and how much for. If you pay close attention, they also don't say Fatshark is a manufacturer of headsets, but only a provider of said items. Interestingly, they fully lied in the 10K of April 2021, where they said that fatshark is developing the Shark Byte technology. What they actually should have said is that they are developing Shark Byte products based on HD Zero technology.
Fact of the matter remains: RCAT bought inventory, the brand, and a non-compete for 2 years - already half expired. When RCAT becomes worthless, Fatshark can start making FPV headsets by themselves again, and they will have raked in 3-5 years of profits from the acquisition proceeds. Not a bad deal!
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