Planet MicroCap Podcast | MicroCap Investing Strategies

LogicMark, Inc. (NASDAQ: LGMK): From PERS Technology to Caring Platform as a Service

11.01.2022 - By Planet MicroCapPlay

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My guest on the show today is Chia-Lin Simmons, CEO of LogicMark, Inc. (NASDAQ: LGMK). LogicMark, Inc. provides personal emergency response systems (PERS), health communications devices and technologies to create a Connected Care Platform. The Company’s devices give people the ability to receive care at home and confidence to age in place. LogicMark revolutionized the PERS industry by incorporating two-way voice communication technology directly into its medical alert pendant and providing this life-saving technology at a price point everyday consumers can afford. The Company’s PERS technologies are sold through the United States Veterans Health Administration and dealers/distributors.  LogicMark has been awarded a contract by the U.S. General Services Administration that enables the Company to distribute its products to federal, state, and local governments.  I recently met Chia-Lin at a conference and wanted to have her on to discuss:

- Turn-around strategy and pivoting to LogicMark from NXT-ID

- LogicMark’s current products and ultimate goal of becoming a ”Caring Platform as a Service” company

- Working with government institutions, in particular, with the Veterans Health Administration and the nature of that relationship, and;

- The company’s path to profitability

With that, please enjoy my conversation with Chia-Lin Simmons, CEO of LogicMark, Inc. For more information about LogicMark, Inc., please visit: https://www.logicmark.com/

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