MetAlert (OTC: MLRT), a pioneer in location-sensitive, health-monitoring devices and wearable technology products for remote patient monitoring, spotlighted in a recent Q&A analyst report released by Ludlow Research. In the article, MLRT representations respond to questions, providing an overview of the company and discussing specific topics investors and shareholders might be interested in. The report delved into the company’s recent restructuring, name change and ticker symbol change, with the company stating that “we waited patiently to do this until we had a clean balance sheet and were prepared to take the company to the next level.” The report noted that the company recognized a tremendous opportunity, but the previous name, stock price and market cap didn’t reflect the company’s vision, mission and direction. The report also touched on supply chain issues, order fulfillment, a potential uplisting and becoming a reseller of RoomMate, a remote monitoring device to track people at home or assisted-living facilities. The company also responded to concerns about how a possible recession might impact the company. “We don’t burn a lot of cash,” the company stated in the analyst brief. “Besides keeping our expenses to a minimum, not spending money on lavish things, our main counter measure is thanks to our board and management team, which take much lower than industry standard wages, they also defer approximately a third of their cash compensation. If you look at our balance sheet, just about all our debt, is years of deferred cash comp. Talk about keeping management motivated, we all know we need to work very hard in order to eventually get paid. Between not spending a lot, not subordinating a heavy debt load, along with providing high margin must have products and services, is how we plan to face a possible economic slowdown. Remember our products are not luxury items that people turn off when the economy slows down, our products are essential to our users, their loved ones, and caregivers.”
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About MetAlert Inc.
MetAlert, a pioneer in smart, mobile, and wearable tracking and recovery location-based solutions, is supported through a proprietary IoT enterprise monitoring platform and intellectual property portfolio. The company offers a global end-to-end solution of hardware, software and connectivity and develops two-way GPS tracking technologies, which seamlessly integrate with consumer products and enterprise applications. Utilizing the latest in miniaturized, low-power consumption GPS, cellular, RF, NFC and BLE technology, MetAlert products enable subscribers to track in real time the whereabouts of people or high-value assets. Known for its game-changing and award-winning patented GPS SmartSole — think Dr. Scholl’s meets LoJack — the world’s first invisible, wearable, technology-tracking device created for those at risk of wandering due to Alzheimer’s, dementia, autism or traumatic brain injury. MetAlert’s business model is built around technology innovation, and the company holds dozens of patents, with many issued patents in the area of GPS tracking. MetAlert has international distributors servicing customers across the globe with subscribers in more than 40 countries; MetAlert is also a U.S. military government contractor. Other customers include public health authorities and municipalities, emergency and law enforcement, private schools, assisted living facilities, NGOs, small business enterprises, senior care homes and consumers. For more information about this company, please visit www.MetAlert.com
NOTE TO INVESTORS: The latest news and updates relating to MLRT are available in the company’s newsroom at https://ibn.fm/MLRT
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