ADO 8.77% 31.0¢ anteotech ltd

Additional Ellume-ADO revenue

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    This is a POC device. It competes with ADO directly. However, it is still revenue for ADO in the form of supplying Ellume with our materials. Either way, we get revenue. It is launching this year. And we get to re-negotiate in October. Ellume are 100% dependent on ADO.

    It's packed full of features.

    All kinds of info on it is available here.

    On the 26th of February, Ellume received a shipment of these things from Hatch Inc in Shenzhen. It was 45 cartons worth, across 2 pallets for a total
    of 844kg.

    Now, I don't know how many units are included in the batch, but it looks like they're making good progress, otherwise they wouldn't be ordering such a large amount. It's not a huge amount, but they can ship directly from China to the US, and Ellume can distribute from there when they do launch. I haven't found any evidence of this though.

    The only issue I'd have with this device is that it's Chinese based custom Android software so leaking patient data to China is a real possibility. If this were to occur and be discovered, it would halt it in its tracks.
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