It is an annual 6% interest rate which I believe is paid monthly. It is not only smart for the business, it is smart for the patent holder. They receive a guaranteed 6% return each and every year without risking the original amount.
Anyone have any losses on any of their investments since July of 2008? THe patent holder doesn't. At least no on the patent.
As for the technology racing forward, there was nothing new in the market for 30+years til MDHI put the speaker in the pendant.
What is the new tech racing forward now? Cellular coverage? Most medical alarm systems already offer that. GPS tracking? Not needed for the vast majority of people that need the protection that medical alarms provide. A "fall sensor" in the pendant? Vastly inferior to the speaker in the pendant.
The one thing that medi-pendant needs based on the reviews I have seen is for the pendant itself to be smaller. I'm sure crossing the border between water resistant and water proof would be nice too but that may be a trade off for having both the microphone and speaker in the pendant that is limiting in how much water protection can be achieved..
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