FDA approval was in April 2023 Am happy with any funds going to...

FDA approval was in April 2023
Am happy with any funds going to get the pulse launched . Expenses below could have occurred after the first units which were due March but now May had been tested and given the green light.


This is from the 4Th October 2023 release.


o Reduction of two (2) full-time roles in customer care and sales support;
o Restructuring of a number of employees to compensation plans with a structure
weighted more towards shares than cash;
o Transition of two (2) employees to hourly based contracts with ~50% compensation
reductions; and
o The furloughing of some staff members until such time that the Pulse is closer to its
release date.
• Review and implementation of a new sales team compensation plan with higher sales and
performance quotas;
• Termination of one of our out-sourced Android software developers;
• A realignment of compensation packages for certain executive team members based on
comparable market rates in their place of residence; and
• Review of sales & marketing costs for new product development and product launches.
The Company will continue to identify and implement further areas for potential cost reduction and
efficiencies as it seeks to rationalise its path to market for the Pulse and other products over the
coming year