Ann: Nuheara Awarded $2 million Phase II Works with HP, page-150

A little story for new holders...

Once upon a time when NUH share price was around 7-8 cents range and our holders were dreaming of getting an OEM deal. That could have sent share price shooting up to teens and beyond.

Our hopes for OEM was around mid to low tier hearing aid company with no capital and time to have their own R and D teams to explore possibilities of augmented hearing space.

Funny thing is, now share price is in 5 cents range and we have an OEM deal, and It is far better than what we expected.

Why...

1. HP is not a hearing aid industry company therefore NUH is highly likely to have another OEM deal with a hearing aid sector company with no conflict of interest.

2. HP adds a completely new dimension to NUH's future earnings potentials and HP is currently holding a lion market share of computer / Laptop industry.

3. NUH is in a far better position to sell more units than entry-level hearing assisted device.

4. NUH is in a strong negotiation position with any other OEM deal due to HP validation.

5. NUH product will reach more age groups ( Millennial, Gen X, Gen Y - not just baby boomers )

The market is yet to realize what NUH can do with pending OEM deals, OTC legislation and on the back of Max reviews.

Time to take a second mortgage against my house