Ann: Partnership with Leading Virtual Care Platform eCare21 in US, page-24

charts without a reference are not any real help. The sideways movement is due to the expectation of an announcement, that’s the trigger for the graphic manifestation. If you look at TA in absence of any fundamental data then it’s just a line on a graph. To be realistic, just looking at the share price alone without an understanding of Beta at the very least won’t reveal much at all. Golden crosses, dragonfly dojis, Fibonacci retracement, Elliot waves, fans, channels etc have little relevance at the moment for HMD. If Brazil announces a purchase agreement of 10,000 units then irrespective of the chart the share price will move in a materially different direction as there is a material change to the business.

I post charts on here of HMD purely out of interest, I don’t put any value in them at this moment in time of the business. I trade BXB entirely based on charts and they are much more detailed than what I post for HMD. Don’t worry about the charts, they are gaining traction and that is what creates revenue which leads to profit. I’m a pretty boring value based investor and I think that these guys are either the real deal or total frauds. Dunno..