Wearable Health Solutions Inc (OTCMKTS: WHSI) is on a steady march northbound in recent trading off its $0.01 base. Currently under heavy accumulation WHISI is getting noticed by some heavy hitters in small caps who continues to bid the price here. Management continues to work hard behind the scenes getting the Company’s filing in order filing a 10Q on February 18 showing $1,752,795 in the treasury and $303,000 in sales for the three months ended September 30, 2021. As of March 1, there were 577,546,054 free trading WHSI shares worth $15.5 million with total os as 1,080,492,608. WHSI has momentum, huge liquidity and legions of new shareholders bidding up the price
Last week WHSI announced it will launch demo units of the 4G IHelpMax remote monitoring device into dealer markets by month’s end. The technology-intensive 4G iHelpMAX units are designed to revolutionize the industry. They offer call integration with Alexa and Google, telehealth-ready monitoring wearables, AI, Bluetooth, IoT, Central Cloud Management and more. The investing catalyst for WHSI will be the 4G in its new 4G iHelp Max device. Investors should put WHSI stock on their Watch List as this remote monitoring device is launched. 3G is already phased out for some major telecommunications providers. The Company plans to build on its existing network of some 200 ‘active’ dealers and add 20% more, as demand for 4GiHelpMAX builds. This is a $23.3 billion remote patient operating market (RPM). Research firm MarketsAndMarkets projects this market will grow at a CAGR of 38.2% to reach $117 billion by 2025. Marc Cayle, VP of Innovation and Development stated: “We’ll have fully ready production units to sell by early May. We will stand out in the marketplace, Investors will notice. 4G will be the catalyst for companies like WHSI in the remote monitoring PERS (Personal Emergency Response Solutions) industry. In 2022, our goal is to have 20,000 4G iHelp MAX units sold into the marketplace. By the end of this month (March) we are showing demo units to our dealer network. We are showing how they offer call integration with Alexa and Google. It is easy for users to work.”
Wearable Health Solutions Inc (OTCMKTS: WHSI) operating out of Toronto, Ontario provides mobile health (mHealth) products and services to dealers and distributors throughout the globe. As a leader in the rapidly growing medical alarm device and eHealth sector, WHSI provides innovative wearable healthcare products, tracking services, and turn-key solutions that enable its users to be proactive with their health, as well as safe and protected at all times. The Company’s products and services are always state-of-the-art and cost effective. Through it culture, its drive, and the expertise of each individual employee, Wearable Health Solutions is uniquely positioned to build shareholder value by setting the highest standards in service, reliability, and safety in a rapidly growing industry.
WHSI flagship product is called the MediPendant®, which is a personal emergency alarm that is used to summon help in the event of an emergency at home. Currently, approximately 60% of all medical alarms being sold in the United States are first-generation technologies that require the user to speak and listen through a central base station unit. The MediPendant®, however, offers a product that has the speaker in the pendant, enabling the user to simply speak and listen directly through the pendant in the event of an emergency.
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The Company developed the iHelp+ 3G™. which replaces the iHelp. The iHelp+ 3G™ is a cellular medical alert system that operates on a 3G network. Initially, it will be operating on the AT&T network (GSM – Global), and ultimately it will be able to operate on the Verizon (CDMA – USA) network as well. It is Bluetooth and Wi-Fi enabled. It has a much broader reach than the iHelp™, as well as additional functions, such as fall detection and geo-fencing (ability to pre-set an area and alert loved ones if the user leaves or enters the pre-set area). The Company has gained FCC, CE, and PTCRB approval.
Wearable Health Solutions will soon launch the iHelp 4G “Telehealth-Ready” mobile medical alarm device. With similar features and functions as the iHelp+3G, the 4G anticipates the ability to offer better coverage, faster response times, and pinpoint accurate location tracking for lone workers and those needing immediate assistance in an emergency. It includes GPS tracking, fall detection, and geo-fencing, similar, but more enhanced and accurate then the iHelp+3G.
Like the iHelp+3G, the iHelp 4G will be used in conjunction with the mHealth Central Cloud Management and Automation platform. WHSI has exclusive licensing of the mHealth Central platform. The platform is a cloud-hosted service consisting of methods and automation tasks for accepting data transmission from personal safety and medical devices (“PS/M”) and storing, reformatting, and retransmitting this data to subscribers, monitoring centers, healthcare providers, front-end portal/user interfaces, and API controllers. The front-end portal interface provides a friendly, intuitive, and seamless management and monitoring platform for all of the below listed integrations, coupled with PS/M device fulfillment, tracking, controlling, and remote reprogramming, along with portal user administration and role/privilege assignment, internal activity/audit trails, ordering and invoicing, support portal integration, and any other customizations needed based on solution requirements.
Move up, consolidate, and repeat within smaller timeframes (#fractals), until breakouts happen. $WHSI interesting move today pic.twitter.com/xa7YiN32PQ
— Dafundraiser💎 (@TshabolaD) March 16, 2022
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WHSI is on a steady march northbound in recent trading off its $0.01 base. Currently under heavy accumulation WHISI is getting noticed by some heavy hitters in small caps who continues to bid the price here. Management continues to work hard behind the scenes getting the Company’s filing in order filing a 10Q on February 18 showing $1,752,795 in the treasury and $303,000 in sales for the three months ended September 30, 2021. As of March 1, there were 577,546,054 free trading WHSI shares worth $15.5 million with total os as 1,080,492,608. WHSI has momentum, huge liquidity and legions of new shareholders bidding up the price Last week WHSI announced it will launch demo units of the 4G IHelpMax remote monitoring device into dealer markets by month’s end. The technology-intensive 4G iHelpMAX units are designed to revolutionize the industry. They offer call integration with Alexa and Google, telehealth-ready monitoring wearables, AI, Bluetooth, IoT, Central Cloud Management and more. The investing catalyst for WHSI will be the 4G in its new 4G iHelp Max device. Investors should put WHSI stock on their Watch List as this remote monitoring device is launched. 3G is already phased out for some major telecommunications providers. The Company plans to build on its existing network of some 200 ‘active’ dealers and add 20% more, as demand for 4GiHelpMAX builds. This is a $23.3 billion remote patient operating market (RPM). Research firm MarketsAndMarkets projects this market will grow at a CAGR of 38.2% to reach $117 billion by 2025. Marc Cayle, VP of Innovation and Development stated: “We’ll have fully ready production units to sell by early May. We will stand out in the marketplace, Investors will notice. 4G will be the catalyst for companies like WHSI in the remote monitoring PERS (Personal Emergency Response Solutions) industry. In 2022, our goal is to have 20,000 4G iHelp MAX units sold into the marketplace. By the end of this month (March) we are showing demo units to our dealer network. We are showing how they offer call integration with Alexa and Google. It is easy for users to work.” We will be updating on WHSI when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with WHSI.
Disclosure: we hold no position in WHSI either long or short and we have not been compensated for this article.