ALR Technologies SG Ltd (ALRTF)

[DS CPA]

The delays are frustrating but I personally don’t think it’s any ominous sign. The financing deal earlier this month makes me a lot more comfortable.

The CEO’s wife is a “director and significant shareholder” of the firm that is providing the ~$1.75M USD in funding. She is also a director of ALRT (Source: 8-K filing on 9/8)

The repayment terms are tied to the success of the GluCurve product. I don’t think company insiders would willingly risk that much additional capital investment if this wasn’t a “sure thing” (in their minds) at this point.

I’m eagerly awaiting further news, but I’m willing to be patient after they secured financing. And I think anyone who gets impatient and bails will end up kicking themselves in the not-too-distant future.