Let me start off by saying that I’m a long-term holder of ALT and I’m furious with the way the company has been run and the total destruction of investor wealth that has occurred over the last few years. In saying that I also believe that there has never been a better time for ALT to sell the pericoach or indeed the company to one of the big medical device players. With governments around the world expanding Telehealth services due to COVID-19, ALT finds itself in the unique position of having a product that is designed to be used at home by the individual and sends data directly to the clinician. A product that is ready for sale to the big medical device companies, with a data room of proof it works. It’s a whole new world out there and it changed overnight! The requirement for personal devices that provide clinicians with useful data has never been greater. This is the opportunity ALT have been waiting for, let’s just hope they don’t screw this up.
ALT Price at posting:
0.2¢ Sentiment: Hold Disclosure: Held
