Thursday, November 30, 2023 11:49:58 AM
A blood pressure measuring device whether it sits on a table and is plugged into an electrical source or is battery operated and gets cuffed around your upper arm or is manually pumped by a medical professional or is placed on and around your finger and is FDA approved, is a medical device a medical instrument and not a consumer electronics product.
Now if a company wants to compete with another company in the field of medical devices. That’s of their own choosing. For example : ex amount of companies can manufacture battery or wifi battery charging pacemakers and use whatever materials they deem to be the most advantageous to sell. These pacemakers are not consumer electronics products. They are medical device products.
In my humble opinion just like the traditional blood pressure monitor kit in which all consumers may purchase. A blood pressure monitor or a Sp02 monitoring product that receives FDA approval is classified as a medical device and not defined as a consumer electronic device as defined by law.
You can attach all of the bells and whistles in the technology but it still is classified as a medical device even though the product is available to all consumers. In fact, these products may also be entitled to be paid for by insurance claims if prescribed and covered by Medicare or the individual insurance policy.
These are only my opinions, which are always worth less than the price of a share of LQMT.
But if true than instead of movano taking orders for about 4000 rings. They could be taking orders for 12 million rings or about 10% of those with high blood pressure. Not to mention low blood pressure too.
There in lies the real potential for high volume orders.
LQMT has no restrictions in the medical field no matter how you split the hairs. I’m sure others will spin this post as they have with many of my posts.
Good luck to all in LQMT.
Wish TC luck.
Wish movano luck.
No contact yet.
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