The sales agent Boluotong is in Jinan, Shandong Province. I managed to get some details of the company, not much better than the Indian sales agent, which concerned me. Digital health is the future direction, but the product itself seems just an app. Those contract value means nothing if they can't sell. The other alarm ing thing is Europe market, it seems they are having difficulty in finding a partner to sell even if they got the approval for both products. All in all, very speculative and risky. The cash flow won't last no more than 4 month at the current burning rate. My last post, good luck to everyone.
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