<Hello Eric, what in your opinion is the center of this venture, is it not the website and the products they will sell from it?>
Hi Jon, nice to see you. Nope - you seem to have grasped the 1% and missed the other 99%. Stayhealthy is a Web-enabled medical device company, not merely an e-commerce company selling supplements and similar products. Stay's technology, which to my knowledge no other company has and for which Stay has applied for a patent, allows the sensor or detector in a clinical-grade medical device to be separated from the algorithms that convert the raw sensor data into usable and displayable form. That enables Stay to sell the (much simpler) devices at a fraction of the cost of the traditional version, while the conversion of the raw data into usable form occurs at the other end of the Internet - on Stay's own servers. People log on to the Web site to upload data and track their results, and while they're there they might buy some products (and we haven't seen their rumored 10,000+ product fulfillment deal reflected on the site yet), but that's a very minor part of the business plan.
Maybe you should read this carefully:
Stayhealthy is leading the development of Web-enabled products and services
for management and measurement of weight, blood pressure and heart rate,
hearing loss, vision and colorblindness and respiratory function. Created for
consumer and clinical use, the company's leading-edge products and services
facilitate better communication and increase efficiencies between doctors and
patients and health-care facilities, reduce the need for in-person appointments and
improve opportunities for early illness detection. In doing so, Stayhealthy's
comprehensive home monitoring programs create mutually beneficial opportunities
for a wide variety of industries and professionals such as self-insured employers,
physicians, dieticians, nutritionists, fitness trainers, health club owners, insurers
and others. |
