Wednesday, May 08, 2024 2:08:57 PM
The redomicile from Richmond to Singapore was done for many reasons, besides from our CEO living in Singapore and it being a business friendly environment, Singapore public health is ranked number 1 in the world and SingHealth is ranked as a top healthcare system in the world. As you know we recently completed a trial of our human diabetes solution once again proving its effectiveness. Unfortunately I can’t speak to this in more detail, but you will see the benefits of the move unfold throughout the year.
Regarding the human platform, I would refer you to the last line in our September 28th, 20223 news release (https://www.alrt.com/news/2023/09/28/alrt-patent-grant) “On top of that, receiving the patent grant for Predictive A1c protects our clinically proven effective diabetes management system against would be competitors while securing our competitive advantage over other software platforms”. We believe that our competitive advantage through our software is secure, and as we talk about in the investors deck found at www.alrt.com we see CGMs as the future of diabetes monitoring but the barrier being cost. Therefore, we are working towards offering a CGM with our ALRT Diabetes Solution at a competitive price to BGM monitoring.
Regarding time and new releases, unfortunately we cannot spell out the details of what has been going on behind the scenes until they have been completed and there are many moving parts that involve both the human and animal divisions. I can tell you that we internally believe we are in the best position we have ever been in as a company and believe great value will be delivered to shareholders in the near future. There have been a handful of delays but they are in our opinion just that, delays. We will announce more publicly as we execute on our business plan in the coming months but regretfully I cannot say much more then that at this time.
Recent ALRTF News
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 12/29/2023 12:53:49 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 09/28/2023 08:49:25 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 08/10/2023 09:15:16 PM
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