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Re: janetjackson post# 516

Tuesday, 08/14/2012 9:42:46 AM

Tuesday, August 14, 2012 9:42:46 AM

Post# of 13168
I see it as all good. Note the reference to HIPAA. I expect they were finalizing their system to meet the HIPAA requirements for transmission of medical information. Must be absolutely secure. And this quote from the CEO speaks volumes!! "We have formulated a unique business model which, if successfully introduced, will facilitate ALR Technologies emerging as the dominant player in diabetes management. Given the parties involved and the proprietary nature of the business model, there is a high degree of sensitivity with regards to timing and disclosure." Note the reference to DOMINATNT PLAYER IN DIABETES MANAGEMENT. Companies don't just say things like that without high degree of conviction. And the comment about the parties involved in partnership discussions and the proprietary and sensitive nature, suggests it's likely with A MEGA LARGE CORPORATION. That's how I read it.