It's shocking (pun intended) to me that the Shock Doctor MoU hasn't seen more of a significant re-rate.
Key terms of the MOU include:
* Shock Doctor leading the majority of design, prototyping & product validation through their existing tooling and design infrastructure capabilities.
"For over 10 years Shock Doctor has closely monitored the origins and the evolution of mouthguard impact sensor technology. The expertise and advances of the Team at HITIQ impressed us. Not only with their technology, but with their commitment to provide the most advanced mouthguard impact sensor platform in the world. It made perfect sense to align our manufacturing, marketing and distribution expertise with HITIQ to work together to deliver best in class self-fit sensor mouthguards." - Jay Turkbas (SVP of Product Innovation, Shock Doctor)
The risk versus reward ratio here seems pretty good at these levels in my humble opinion (with patented tech validated by various peer reviewed scientific journals). Keen to hear other's thoughts! Perhaps the market is waiting for more concrete deals to flow through? Who knows.
Very little coverage or buzz, but similar play to ASX:CAT, instead focusing on the mouthguard for biometrics and concussion detection (concussion being a hot topic at the moment).
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