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bobroo

11/29/23 1:59 PM

#231397 RE: Researchfyi #231396

I don't believe for a second anything about this Evie Ring but if you do please be aware of the following: Apple authored and has an explicit do not compete agreement with LQMT due to some prior business. The attributes of an Evie Ring do some of the things an Apple Watch already does. Also, about 3 years ago Apple made public a potential future product called an Apple Ring; doing exactly what an Evie Ring does. The half assed attempt at a footnote at the bottom of page one of the Movano website saying the ring is a medical product doesn't mean anything to the stockade of salaried lawyers Apple employs.

Today (or yesterday) Apple re-announced their potential Apple Ring via their mouthpiece, AppleInsider. Some Redditors have caught wind of this but are unaware this news is really about three years old.

I think the press re-release is Apple telegraphing LQMT to back off.....and probably Apple is pissed to have to do it this way because our one remaining employee doesn't answer the phone.

Also, @Researchfyi is exactly correct. Tony Chung did not need to buy a million shares on the open market so that he could cash in on LQMT. He already has plenty of shares via options if LQMT ever hit it big.