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HP arent ready to buy out NUH yet so they will get paid by them...

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bjrnewman

209 Posts.

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26/04/22

14:07

Post #: 61020909
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Originally posted by sscw42: ↑

This announcement on its own does not make any sense to me. Why would HP, a leading world brand, allow its name to be associated with a very small entity in a niche market. Then allow this small entity to leverage off its brand for a royalty. Does anyone know of any similar agreements/arrangements with HP, or any other serious brand. The down size risk to HP is huge compared with upside. The only thing that makes sense to me is that HP wants to get moving on this product but is unwilling to commit until there is FDA approval. I assume there is a second agreement where HP purchases NUH and that this deal has a CP being FDA approval.

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HP arent ready to buy out NUH yet so they will get paid by them to work on the hearing aids in the mean time

NUH Price at posting: 1.4¢ Sentiment: Buy Disclosure: Held
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