From lucasharp2008. SPOM dd-sheet. SPOM DD
Post# of 63904
Posted On: 12/31/2012 9:20:23 AM
Re: lucasharp2008 #2466
From lucasharp2008. SPOM dd-sheet.
SPOM DD Compilation as of Dec 30, 2012
10/16/2012 - SPOM released a PR stating: SPO Resumes Revenue Generation, a text of the PR with bolded important text listed below.
NEW YORK, October 16, 2012 /PRNewswire/ SPO Medical Inc. (SPOM), a leading developer of biosensor and microprocessor technologies for use in portable monitoring devices, announced today that initial shipments of a new consumer wellness product have been delivered to US mass-market retailers. The Company is also forecasting an order backlog for deliveries scheduled through 2013.
This exciting new product is a consumer over-the-counter (OTC) pulse oximeter, which can be used for a variety of respiratory and wellness monitoring activities. This is the first time an SPO proprietary product is being marketed to mass-market retailers and affords a significant opportunity for SPO to generate revenues and growth for its retail business. This development is in line with the restructuring of SPO to focus on non-medical consumer applications.
Michael Braunold, Chief Executive Officer of SPO commented: "Our entry into the consumer market to sell products incorporating our proven proprietary technology to mass-market retailers is an important milestone for us - this activity demonstrates the fruits of our labor with the resumption of revenue generation and backlog production orders. We look to expand our product portfolio during 2013 to further build upon the foundations being established for retail sales."
SPO plans to add to its product portfolio and to release (through a strategic market partner) a new and unique consumer wellness time-piece designed to measure overall daily activity level. This wellness watch is especially useful for overweight or obese adults and children. It includes innovative features, such as display functionality as well as being a fashionable time-piece which continuously measures the number of daily activities and calories burned against a recommended goal. Manufacturing and distribution is scheduled to commence early 2013.
A more detailed description of the financial results and financial statements will be contained in the Quarterly Report on Form 10-Q to be filed with the SEC mid-November 2012.
11/14/12 – SPOM released a 10Q which stated among other things,
We recorded revenues of $278,000 for the three months ended September 30, 2012, representing our first quarter revenues from operations since the fourth quarter of 2011. Revenues resulted from the initial shipments of a new consumer wellness product to mass-market retailers based in the United States. As of November 14, 2012, we have received purchase orders for additional units of our wellness product.
We are in the final stages of developing an innovative wellness bracelet that measures the number of activities and calories burned by an individual performs on a given day. The bracelet, designed for both children and adults, features a display function to continuously measure the number of daily activities against preset recommended goals. SPO has designed and patented the functionality of the bracelet to be an affordable , simple-to-use, fashion accessory to encourage users to increase their mobility and overall wellness and to wear it with pride. We anticipate that the product should become commercially available during 2013. In December 2011, we signed an exclusive agreement with a large private time-piece manufacture to manufacture and sell our wellness bracelet to department stores, mid-tier mass-market and food & drug stores throughout North America. The agreement specifies that the manufacturer will finance all costs associated with bringing the wellness bracelet to the marketplace. We and the manufacturer have agreed to divide the profit margin from the sale of the wellness bracelet net of all costs associated with manufacturing the wellness.
11/15/12 – Some of the first posts on SPOM made on IHUB in over a year, and only the 18th post ever and 6 followers.
11/15/12 – 12/17/12 A lot of good DD and accumulation is done on SPOM based on new revenue from 10Q including such posts as:
50 million O/S, 100 million A/S Verified :
SPOM DD Compilation as of Dec 30, 2012
10/16/2012 - SPOM released a PR stating: SPO Resumes Revenue Generation, a text of the PR with bolded important text listed below.
NEW YORK, October 16, 2012 /PRNewswire/ SPO Medical Inc. (SPOM), a leading developer of biosensor and microprocessor technologies for use in portable monitoring devices, announced today that initial shipments of a new consumer wellness product have been delivered to US mass-market retailers. The Company is also forecasting an order backlog for deliveries scheduled through 2013.
This exciting new product is a consumer over-the-counter (OTC) pulse oximeter, which can be used for a variety of respiratory and wellness monitoring activities. This is the first time an SPO proprietary product is being marketed to mass-market retailers and affords a significant opportunity for SPO to generate revenues and growth for its retail business. This development is in line with the restructuring of SPO to focus on non-medical consumer applications.
Michael Braunold, Chief Executive Officer of SPO commented: "Our entry into the consumer market to sell products incorporating our proven proprietary technology to mass-market retailers is an important milestone for us - this activity demonstrates the fruits of our labor with the resumption of revenue generation and backlog production orders. We look to expand our product portfolio during 2013 to further build upon the foundations being established for retail sales."
SPO plans to add to its product portfolio and to release (through a strategic market partner) a new and unique consumer wellness time-piece designed to measure overall daily activity level. This wellness watch is especially useful for overweight or obese adults and children. It includes innovative features, such as display functionality as well as being a fashionable time-piece which continuously measures the number of daily activities and calories burned against a recommended goal. Manufacturing and distribution is scheduled to commence early 2013.
A more detailed description of the financial results and financial statements will be contained in the Quarterly Report on Form 10-Q to be filed with the SEC mid-November 2012.
11/14/12 – SPOM released a 10Q which stated among other things,
We recorded revenues of $278,000 for the three months ended September 30, 2012, representing our first quarter revenues from operations since the fourth quarter of 2011. Revenues resulted from the initial shipments of a new consumer wellness product to mass-market retailers based in the United States. As of November 14, 2012, we have received purchase orders for additional units of our wellness product.
We are in the final stages of developing an innovative wellness bracelet that measures the number of activities and calories burned by an individual performs on a given day. The bracelet, designed for both children and adults, features a display function to continuously measure the number of daily activities against preset recommended goals. SPO has designed and patented the functionality of the bracelet to be an affordable , simple-to-use, fashion accessory to encourage users to increase their mobility and overall wellness and to wear it with pride. We anticipate that the product should become commercially available during 2013. In December 2011, we signed an exclusive agreement with a large private time-piece manufacture to manufacture and sell our wellness bracelet to department stores, mid-tier mass-market and food & drug stores throughout North America. The agreement specifies that the manufacturer will finance all costs associated with bringing the wellness bracelet to the marketplace. We and the manufacturer have agreed to divide the profit margin from the sale of the wellness bracelet net of all costs associated with manufacturing the wellness.
11/15/12 – Some of the first posts on SPOM made on IHUB in over a year, and only the 18th post ever and 6 followers.
11/15/12 – 12/17/12 A lot of good DD and accumulation is done on SPOM based on new revenue from 10Q including such posts as:
50 million O/S, 100 million A/S Verified :
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