It's very good to see the first validation study @imaware_health. Congratulations to your team! This is important progress. I look forward to the followup studies described in the validation. In the meantime, I have some questions, which are numbered Q1-3 in this thread. 1/9
I am studying @MicrodropHealth / @imaware_health from multiple angles. I don't see investors or medical/scientific employees (rather than paid advisors) on the website. So I have a few Qs that arose as I started my review, and that I hope you are in a position to answer. 2/9
According to a PR release by the manufacturer of your kits, SQI Diagnostics @Best_Multiplex, the goal within a year is to begin testing 50k people annually for #celiac disease and 25k more for #rheumatoidarthritis finance.yahoo.com/news/sqi-diagn… 3/9
Even short of that ambitious financial goal, Microdrop's expanding array of imaware tests could have a significant impact on public health. It seems appropriate and responsible to request more insight into the company at this point 4/9
Q1: Is the technology and science developed entirely by SQI Diagnostics & the advisory board? The Q is whether there is another entity who contributed to product development/ underlying science. Medtech usually has chief engineering/medical/scientific officers as employees 5/9
Q2: For financial transparency, would you be willing to identify the primary investors? The validation study is described as "internally funded" in its disclosures section. When buying a product, of course it is important to know who gains by the sale of that product 6/9
The five men identified as managers on the Microdrop LLC filing in Texas in March 2018 include CEO Nick Olteanu, as well as Wade Turner, Greg Watson, Ronnie Smilovici and Howard Berman. 7/9
Q3: Is McNair Industries an investor? Two of the five managers on the LLC filing, Wade Turner and Greg Watson, are senior executives at this investment firm associated with the late Bob McNair, owner of the Houston Texans NFL team. 8/9
Thank you for addressing each of my questions to the extent you can do so at this stage of the company's development. I understand that there may be constraints. Regardless, I appreciate your courteous communications since prior to launch last fall. 9/9
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