RAP 0.00% 20.5¢ raptor resources limited

So this may all be true. But apart from sticking it on your own...

Currently unlisted. Proposed listing date: 4 SEPTEMBER 2024 #
  1. 1,434 Posts.
    lightbulb Created with Sketch. 1292
    So this may all be true.

    But apart from sticking it on your own phone and having a freebee version, what use is it? No major US Telehealth company is going to pay you money for it - only ResAPP will have FDA approval. And we will be have a multi-year head start on any other company trying to compete. China won't likely be a target market as their consumers have shown a strong preference for the western endorsed (US FDA) version - e.g. our milk powder products. Hell, even Africa wont be a useful market, as we will likely be virtually giving it away there through UNICEF and similar. When it comes to you or your children's health, i think it is an area most of us would rather pay a small price and have the genuine (trustworthy) version.

    So there may be no great commercial incentive, even if it could be ripped (and thats just the algorithm which will continually be out of date as the database increases and the algorithm continues to learn). Of course that is not to say that the company won't use every means (secure servers, licensing etc) possible to protect its IP.
    Last edited by djwally: 02/08/16
 
watchlist Created with Sketch. Add RAP (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.