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Ann: Commercial Partnership with Mobvoi for New Health Smartwatch, page-272

  1. lexcorp
    8,061 Posts.
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    17/06/21
    13:24
    Post #: 53899370
    One thing that disappointed me was this sentence in their 4c.

    "No FDA clearance is required for the MVP as it is not being marketed as a medical device." (Page 4 of the 4c)

    We were led the believe it was going to be a medical device( the watch) and subsequently, we had a sell off

    I'm not sure what's going on now with their watch launch etc and have accordingly sold down a majority of my position . The watch to me ain't much chop and the deal with inhealth also imo was a crappy deal.

    I've basically lost faith being a holder here and I've been in it for around 9 years.

    Fairly dissatisfied and have learnt a lot. All the best to everyone here and I'll be watching closely and may trade here and there.
    CDX Price at posting: 8.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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