chipboarder
7 months ago
First…you need money for working capital to fund growth of the business, so raising capital is good even though it comes with dilution. Also good is $3.6 million raised came from “insiders” which assesses commitment (high). Investment from a medical device whale doesn’t hurt either.
Second …If the posters would research the sensor technology, they would learn that the competitors are using infrared transmission for the pulse oximeter and Movano uses radio frequency as its technical approach…and is unique. Apple ran afoul of Masimo patents and both are using IR.
Movano has more than 30 patents for the RF sensor technology makes them an acquisition target. I hope they get the opportunity to establish the enterprise before the offer comes,,,it would be a shame to sell out at $4 when it could be worth so much more down the road.
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Penny Roger$
13 years ago
Move, Inc. (Move) operates an online network of Websites for real estate search, finance, moving and home enthusiasts and provides a resource for consumers seeking the online information and connections they need regarding real estate. The Company’s consumer Websites are Move.com, REALTOR.com and Moving.com. It also provides lead management software for real estate agents and brokers through its Top Producer business. On the Company’s Websites it displays real estate property content, with over four million resale, new home and rental listings, as well as move-related information and tools. Move also has relationships with the real estate industry, including content agreements with approximately 900 multiple listing services (MLS) across the United States and partnerships with the National Association of REALTORS (NAR) and the National Association of Home Builders (NAHB). On June 22, 2009, it divested its interest in Welcome Wagon business. In July2011, the Company acquired SocialBios.
http://www.google.com/finance?q=MOVE